Sequenom (SQNM) Misses Q1 EPS by 1c

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Sequenom, Inc. Reports First Quarter 2016 Results

May 4, 2016 4:03 PM EDT

SAN DIEGO, May 4, 2016 /PRNewswire/ -- Sequenom, Inc. (NASDAQ: SQNM), a life sciences company committed to enabling healthier lives through the development of innovative products and services, today reported total revenues of $27.6 million, total accessioned units of 46,400, and a net loss of $13.4 million, or $0.11 per basic and diluted share, for the first quarter of 2016.  

"During the quarter, we executed on a number of key initiatives designed to return Sequenom to sustainable growth, resulting in quarter over quarter... More