Roka Bioscience (ROKA) Reports Q4 Loss of $3.72

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Roka Bioscience Reports Fourth Quarter and Full Year 2016 Financial Results

March 9, 2017 4:05 PM EST

WARREN, N.J., March 9, 2017 /PRNewswire/ -- Roka Bioscience, Inc. (NASDAQ: ROKA), a molecular diagnostics company focused on providing advanced testing solutions for the detection of foodborne pathogens, today reported its financial results for the three months and full year ended December 31, 2016.

Fourth Quarter 2016 Financial Results:

Revenue for the quarter ended December 31, 2016 was $1.9 million compared with $1.5 million for the fourth quarter of 2015. As of December 31, 2016, the Company had 53 instruments placed with customers under commercial agreements compared to 41 instruments as of December 31, 2015.

Total operating expenses for the fourth quarter of... More