NanoString Technologies (NSTG) Tops Q2 EPS by 15c

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NanoString Technologies Releases Operating Results for Second Quarter of 2017

August 8, 2017 4:03 PM EDT

SEATTLE, Aug. 08, 2017 (GLOBE NEWSWIRE) -- NanoString Technologies, Inc. (NASDAQ: NSTG), a provider of life science tools for translational research and molecular diagnostic products, today reported financial results for the second quarter of 2017. 

Second Quarter Financial Highlights 

Total revenue of $34.6 million, 53% year-over-year growthTotal product and service revenue of $18.3 million, 5% year-over-year growthConsumables revenue of $11.0 million, including $1.8 million of Prosigna® IVD kits, 7% year-over-year growthInstrument revenue of $6.0 million, 6% year-over-year declineCollaboration revenue of $16.3 million, including $11.3 million related to the terminated Medivation and Astellas collaboration... More