T2 Biosystems (TTOO) Reports Prelim Q2 Revenue of $2M

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T2 Biosystems Announces Preliminary Second Quarter 2023 Financial Results

July 12, 2023 8:30 AM EDT

LEXINGTON, Mass., July 12, 2023 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ: TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced preliminary unaudited financial and operational results for the second quarter 2023.

Recent Financial and Operational Highlights (unaudited)

Achieved second quarter total revenue of $2.0 million, comprised entirely of product revenue.Achieved sepsis test panel revenue of $1.3 million, representing an increase of 7% compared to the prior year period, despite ending... More