Reports Q3 revenue $7.83M, consensus $7.6M. Cash, cash equivalents, short-term investments, and restricted cash were approximately $42 million as of September 30. “Our Q3 results once again reflected strong and consistent execution across the business,” said Robert Spignesi, President and CEO. “We delivered record consumable revenue and double-digit service growth, and system placements were in line with our expectations. Recurring revenue increased more than 30% compared to the Q3 last year.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPID: