Nanosphere (NSPH) Reports Q2 Loss Per Share of 2.25

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Nanosphere Announces Record Q2 2015 Results

August 10, 2015 4:01 PM EDT

NORTHBROOK, Ill., Aug. 10, 2015 (GLOBE NEWSWIRE) -- Nanosphere, Inc. (NASDAQ: NSPH), a company enhancing medicine through targeted molecular diagnostics, today reported financial and operating results for the second quarter ended June 30, 2015.

Nanosphere achieved record revenues for the second quarter 2015, of $4.7 million compared to $2.7 million in the second quarter 2014. This 76% year-over-year revenue growth was driven by U.S. based microbiology laboratories' continued adoption of our Gram Positive (BCGP) and Gram Negative (BCGN) blood culture tests, which grew more than 87% over Q2 2014. The Company also confirmed full year revenue guidance for 2015 of $18-20 million.

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