GenMark Diagnostics Reports Third Quarter 2017 Results

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GenMark Diagnostics (GNMK) Halted on LUDP

November 3, 2017 9:54 AM EDT

GenMark Diagnostics (NASDAQ: GNMK) Halted on LUDP

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GenMark Diagnostics (GNMK) PT Lowered to $10 at Cowen Following 3Q Miss

November 3, 2017 8:15 AM EDT

Cowen lowered its price target on GenMark Diagnostics (NASDAQ: GNMK) to $10.00 (from $17.00) while maintaining a Outperform rating following the company's 3Q. Revenue of $11.6MM was $3MM below consensus.

Management reduced full year revenue guidance to $51-53MM from $65-70MM. Management attributed the... More

GenMark Diagnostics (GNMK) Misses Q3 EPS by 2c

November 2, 2017 4:57 PM EDT

GenMark Diagnostics (NASDAQ: GNMK) reported Q3 EPS of ($0.28), $0.02 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $11.6 million versus the consensus estimate of $14.56 million.

For full year 2017, GenMark expects revenue to range from $51 - $53 million and gross margin... More