Biocept Reports 2019 Fourth Quarter and Full Year Financial Results
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Biocept (BIOC) Misses Q4 EPS by 10c, Revenues Beat
March 25, 2020 4:16 PM EDTBiocept (NASDAQ: BIOC) reported Q4 EPS of ($0.20), $0.10 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $1.8 million versus the consensus estimate of $1.7 million.
"I'm pleased to report our sixth consecutive quarter of growth with fourth quarter revenues reaching a record $1.8 million, more than double the prior year's quarterly revenues," said Michael Nall, President and CEO of Biocept. "Our growth for the quarter was driven by year-over-year increases of 46% in commercial test volume and 34% in... More
