Fluidigm (FLDM) Tops Q1 EPS by 13c

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Fluidigm Announces First Quarter Financial Results

May 5, 2016 7:25 AM EDT

SOUTH SAN FRANCISCO, Calif., May 05, 2016 (GLOBE NEWSWIRE) -- Fluidigm Corporation (NASDAQ: FLDM) today announced its financial results for the first quarter ended March 31, 2016.  

Total revenue for the first quarter of 2016 was $29.0 million, an increase of 9% from $26.7 million in the first quarter of 2015. Net loss for the first quarter of 2016 was $19.9 million, compared with a net loss of $15.9 million for the first quarter of 2015. Non-GAAP net loss for the first quarter of 2016 was $11.5 million, compared with a $7.3 million non-GAAP net loss for the first quarter of 2015.

We are pleased with our first... More