WaferGen Bio-systems Reports Results for Second Quarter 2016

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WaferGen Bio-Systems (WGBS) Misses Q2 EPS by 8c; Trims FY16 Revenue Outlook

August 9, 2016 4:04 PM EDT

WaferGen Bio-Systems (NASDAQ: WGBS) reported Q2 EPS of ($0.26), $0.08 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $2.5 million versus the consensus estimate of $2.6 million.

At June 30, 2016, WaferGen had cash and cash equivalents of approximately $7.4... More