Biocept Reports First Quarter 2020 Financial Results
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Biocept (BIOC) Reports Q1 Loss of $0.61, Revenues Miss
May 13, 2020 4:17 PM EDTBiocept (NASDAQ: BIOC) reported Q1 EPS of ($0.61), versus ($0.11) reported last year. Revenue for the quarter came in at $1.4 million versus the consensus estimate of $1.91 million.
"Revenue for the first quarter was $1.4 million, representing a 41% increase over the prior-year period driven by a 27% increase in revenue per commercial accession," said Michael Nall, President and CEO of Biocept. "We increased revenues even with the headwinds of the COVID-19 pandemic, which... More
