Oxford Immunotec (OXFD) Tops Q1 EPS by 10c, Revenues Beat

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Oxford Immunotec Reports First Quarter 2019 Financial Results

May 9, 2019 7:00 AM EDT

First quarter revenue of $14.8 million, an increase of 27% compared to prior year periodGross margins expanded 360bps to 71.4%86% reduction in net loss to $1.5m

OXFORD, United Kingdom and MARLBOROUGH, Mass., May 09, 2019 (GLOBE NEWSWIRE) -- Oxford Immunotec Global PLC (Nasdaq: OXFD) (the Company), a global, high-growth diagnostics company, today announced first quarter 2019 financial results.

The Company got off to a strong start in 2019 with robust growth in all geographies and continued execution on our strategic priorities said Dr. Peter Wrighton-Smith, Chief Executive Officer... More