NanoString Technologies (NSTG) Tops Q4 EPS by 10c, Offers FY16 Guidance
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NanoString Technologies Releases Fourth Quarter and Full Year 2015 Financial Results and Provides 2016 Outlook
February 29, 2016 4:05 PM ESTSEATTLE, 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 growthFull 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