NanoString Technologies (NSTG) Tops Q4 EPS by 10c, Offers FY16 Guidance

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Go back to NanoString Technologies (NSTG) Tops Q4 EPS by 10c, Offers FY16 Guidance

NanoString Technologies Releases Fourth Quarter and Full Year 2015 Financial Results and Provides 2016 Outlook

February 29, 2016 4:05 PM EST

SEATTLE, Feb. 29, 2016 (GLOBE NEWSWIRE) -- NanoString Technologies, Inc. (NASDAQ: NSTG), a provider of life science tools for translational research and molecular diagnostic products, today reported financial results for the fourth quarter and year ended December 31, 2015.

Fourth Quarter Financial Highlights

Total revenue of $22.3 million, 43% year-over-year growthTotal product and service revenue of $19.4 million, 36% year-over-year growthInstrument revenue of $7.9 million, 25% year-over-year growthConsumables revenue of $10.7 million, including $0.8 million of Prosigna® IVD kits, 46% year-over-year growth

Full Year 2015 Financial Highlights

Total revenue of $62.7 million, 32% year-over-year growthTotal product and service revenue of $56.6 million, 27%... More