EndoChoice (GI) Tops Q3 EPS by 7c

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EndoChoice Announces Third Quarter 2015 Financial Results

November 5, 2015 7:00 AM EST

ALPHARETTA, Ga., Nov. 5, 2015 /PRNewswire/ -- EndoChoice Holdings, Inc. (NYSE: GI) announced today financial results for the third quarter 2015.

Highlights

Total revenue of $18.4 million, up 30% year-over-year (32% in constant currency) Installed base of Fuse®  now exceeds 100 systems Pathology revenue accelerating; 23% growth in specimens processed and 8% growth in number of customers year-over-year International revenue up 188% year-over-year, now 12% of total revenue compared to 5% in Q3 2014 Updated full year 2015 financial guidance

Mark Gilreath, Founder and Chief Executive Officer of EndoChoice, said, "We delivered strong results in the... More