T2 Biosystems (TTOO) Announces Preliminary Third Quarter 2024 Financial Results

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T2 Biosystems Announces Preliminary Third Quarter 2024 Financial Results

October 7, 2024 9:00 AM EDT

LEXINGTON, Mass., Oct. 07, 2024 (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 third quarter 2024.

Recent Financial and Operational Highlights (unaudited)

Achieved third quarter total revenue of $2.0 million, representing an increase of 35% compared to the prior year period, driven by increased sepsis test revenue and instrument revenue.Achieved... More