GenMark Diagnostics (GNMK) Tops Q4 EPS by 6c

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Needham & Company Reiterates a Buy Rating as GenMark Diagnostics (GNMK) Reports 4Q Results Consistent with Preannouncement

February 24, 2016 10:36 AM EST

Needham & Company maintained a Buy rating on GenMark Diagnostics (NASDAQ: GNMK), and cut the price target to $11.00 (from $13.00), following the company's 4Q earnings report. Revenue was $13.2M vs. consensus of $8.2M and GAAP EPS was ($0.21) vs. consensus of ($0.27). GNMK guided to 2016 revenue of... More