GenMark Diagnostics (GNMK) Tops Q2 EPS by 3c

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GenMark Diagnostics Reports Q2 Financial Results

July 28, 2016 4:09 PM EDT

Second Quarter Revenue Increased 64% Versus Prior Year to $12.5 million
ePlex® Systems Installed at Twelve European Customers
ePlex FDA Submission Expected in Fourth Quarter

CARLSBAD, Calif.--(BUSINESS WIRE)-- GenMark Diagnostics, Inc. (Nasdaq: GNMK), a leading provider of automated, multiplex molecular diagnostic testing systems, today announced financial results for the second quarter ended June 30, 2016.

Revenue for the second quarter of 2016 was $12.5 million, an increase of 64% over the prior year period.

Gross profit for the second quarter of 2016 was $7.8 million, or 62% of revenue, compared with $4.4... More