Foundation Medicine (FMI) Prelim. Q4, FY15 Revenue Exceeds Expectations

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Foundation Medicine Reports Preliminary 2015 Results and Provides 2016 Business Outlook, including Commercial Launch of its ctDNA Assay

January 11, 2016 6:30 AM EST

Achieves Revenue of Approximately $93.2 Million, a 53% Year Over Year Increase

Reports Approximately 33,000 Clinical Tests in 2015, a 36% Year Over Year Increase

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Foundation Medicine (NASDAQ: FMI) today announced preliminary unaudited total revenue of approximately $26.1 million in the fourth quarter of 2015 and $93.2 million for the full year ended December 31, 2015, a 39% and 53%... More