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Roka Bioscience Reports First Quarter 2017 Financial Results

May 11, 2017 4:01 PM EDT

WARREN, N.J., May 11, 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 ended March 31, 2017.

First Quarter 2017 Financial Results:

Revenue for the quarter ended March 31, 2017 was $2.0 million compared with $1.6 million for the first quarter of 2016 and $1.9 million for the fourth quarter of 2016. The increase in first quarter revenue year-over-year resulted from a 26% increase in the number of pathogen detection tests sold to customers,... More