T2 Biosystems (TTOO) Tops Q3 EPS by 8c

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Go back to T2 Biosystems (TTOO) Tops Q3 EPS by 8c

T2 Biosystems Reports Third Quarter 2018 Financial Results and Provides Corporate Update

November 1, 2018 4:01 PM EDT

Quarterly Product Revenue Up 71% Year-Over-Year

Reiterates 2018 Financial Guidance

LEXINGTON, Mass., Nov. 01, 2018 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ: TTOO), a leader in the development and commercialization of innovative medical diagnostic products for critical unmet needs in healthcare, announced today the operating highlights and financial results for the third quarter ended September 30, 2018.  

Third Quarter Business and Financial Performance Highlights:

Reported third quarter total revenue of $2.5 million, up 127% year-over-year.Reported third quarter product revenue of over $1.2 million, up 71%... More