Sequenom (SQNM) Misses Q2 EPS by 3c

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Go back to Sequenom (SQNM) Misses Q2 EPS by 3c

Sequenom, Inc. Reports Financial Results For The Second Quarter Of 2015

August 5, 2015 4:10 PM EDT

SAN DIEGO, Aug. 5, 2015 /PRNewswire/ -- Sequenom, Inc. (NASDAQ: SQNM), a life sciences company committed to enabling healthier lives through the development of innovative products and services, today reported total revenues of $32.8 million for the second quarter of 2015, a decrease of 18% compared to revenues of $39.8 million for the second quarter of 2014.  Revenues for the second quarter of 2014 included approximately $6.1 million of incremental "catch-up" payments from payors for services performed in prior periods, as well as the incremental change for the conversion from cash to accrual accounting for certain payors. No significant... More