Biocept Reports 2020 Fourth Quarter and Full Year Financial Results

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Biocept (BIOC) Climbs 25% Following Q4 Results

March 29, 2021 4:15 PM EDT

Biocept (NASDAQ: BIOC) Climbs 25% Following Q4 Results

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Biocept (BIOC) Q4 EPS Beats Consensus, Revenues Beat (Correction)

March 29, 2021 4:08 PM EDT

(Updated - March 30, 2021 10:36 AM EDT)

(Update corrects EPS and headline)

Biocept (NASDAQ: BIOC) reported Q4 EPS of $0.14, beating the analyst estimate of ($0.27). Revenue for the quarter came in at $18.5 million versus the consensus estimate of $12.32 million.

Im exceptionally proud of the Biocept team for their enthusiasm and dedication in supporting the COVID-19 testing needs of our community while advancing our oncology business for a strong post-pandemic future, said Michael Nall, President and CEO of Biocept. Our COVID-19 testing has provided valuable information to our clients, which has helped contain viral spread. We received... More