Oxford Immunotec (OXFD) Tops Q3 EPS by 15c, Raises Revenue Outlook

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Oxford Immunotec Reports Third Quarter 2016 Financial Results

November 1, 2016 7:00 AM EDT

Third quarter revenue of $26.1 million, an increase of 46% compared to prior year periodTuberculosis revenue of $22.0 million, an increase of 23% compared to prior year periodTick-borne disease and other revenue of $4.1 millionCompleted acquisitions of Imugen and Immunetics expanding offerings in the tick-borne disease testing marketRaising revenue guidance for the full year from $82.5-$84.5 million to $85.0-$85.8 million

OXFORD, United Kingdom and MARLBOROUGH, Mass., Nov. 01, 2016 (GLOBE NEWSWIRE) -- Oxford Immunotec Global PLC (Nasdaq: OXFD), a global, high-growth diagnostics company focused on developing and... More