Nanosphere (NSPH) Misses Q4 EPS by 23c

Go back to Nanosphere (NSPH) Misses Q4 EPS by 23c

Nanosphere Announces Fourth Quarter and Full Year 2015 Results, 2016 Guidance and Next Generation Verigene Progress

February 24, 2016 4:01 PM EST

Corporate Highlights and Guidance:

Record fourth quarter and fiscal year revenues of $6.8 million and $21.1million, respectivelyRevenue guidance for 2016 set at $28 million to $30 millionNext Generation Platform progress targeting third quarter 2016 regulatory submissionDebt milestones achieved for draw down of second tranche of debt of $5 million in February 2016

NORTHBROOK, Ill., Feb. 24, 2016 (GLOBE NEWSWIRE) -- Nanosphere, Inc. (NASDAQ: NSPH), a company enhancing medicine through targeted molecular diagnostics, today reported financial results... More