Great Basin Scientific (GBSN) Reports Q2 Loss of $4.10/Share

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Great Basin Reports Second Quarter 2016 Results

August 11, 2016 4:02 PM EDT

Company sees 38.7% year-over-year revenue growth; continues strong progress toward customer acquisition, assay placement and product development targets

SALT LAKE CITY--(BUSINESS WIRE)-- Great Basin Scientific, Inc. (NASDAQ: GBSN), a molecular diagnostic testing company, today reported financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Financial Results and Business Highlights

Revenue increased 38.7% to $728,957 compared with a year ago Total installed customer base up 126.1% over last year to 260 Assay adoption rate (assays placed) up 18.2% over last year... More