GenMark Diagnostics (GNMK) Tops Q1 EPS by 1c

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GenMark Diagnostics Reports First Quarter 2018 Results

May 1, 2018 4:05 PM EDT

CARLSBAD, Calif., May 01, 2018 (GLOBE NEWSWIRE) -- GenMark Diagnostics, Inc. (Nasdaq: GNMK), a leading provider of automated, multiplex molecular diagnostic testing systems, today announced financial results for the first quarter ended March 31, 2018.

Highlights

Revenues of $20.6 million, an increase of 65% over the prior year periodePlex net new placements of 32 analyzers, expanding the global installed base to 228 placementsFive abstracts and posters on the benefits of ePlex BCID panels presented at ECCMID, the largest microbiology meeting in Europe

Were off to a solid start in 2018, with revenue... More