BioNano Genomics, Inc. (BNGO) Reports Q1 Revenues Miss

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Bionano Genomics Reports First Quarter 2020 Financial Results and Provides Business Update

June 18, 2020 4:01 PM EDT

SAN DIEGO, June 18, 2020 (GLOBE NEWSWIRE) -- Bionano Genomics, Inc. (NASDAQ: BNGO), a life sciences instrumentation company that develops and markets Saphyr®, a platform for ultra-sensitive and ultra-specific structural variation detection in genome analysis, today reported its financial results for the first quarter ended March 31, 2020 and provided a business update.

Recent Business Highlights

From January 1, 2020 through June 18, 2020, processed 416 customer samples compared to a total of 212 customer samples in 2019.Since commercial launch of Saphyr through March 31, 2020, shipped 116 Saphyr instruments, of which 83 have been installed.... More