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Roka Bioscience Reports First Quarter 2016 Financial Results

May 4, 2016 4:01 PM EDT

WARREN, N.J., May 4, 2016 /PRNewswire/ -- Roka Bioscience, Inc. (NASDAQ: ROKA), a molecular diagnostics company focused on providing advanced testing solutions for the detection of foodborne pathogens, today reported its financial results for the three months ended March 31, 2016.

First Quarter 2016 Financial Results:Revenue for the quarter ended March 31, 2016 was $1.6 million compared with $1.5 million for the first quarter of 2015 and  for the fourth quarter of 2015.  The increase in first quarter revenue year-over-year resulted from an increase in the number of Atlas® instruments placed with commercial customers and increased commercial utilization of the... More