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home / news releases / GNMK - GenMark sees 104% jump in Q3 sales


GNMK - GenMark sees 104% jump in Q3 sales

On a preliminary basis, GenMark Diagnostics (GNMK) expects Q3 revenue of ~$42.6M, up 104% from a year ago. EPlex sales should be ~$38.0M, up 187%.70 ePlex analyzers placed, up 47%.At quarter-end, ePlex Respiratory Pathogen Panel 2 revenue was ~63% of ePlex consumable revenue.Gross margin expanded to 38-39% from 34% a year ago.Final results will be released later this month.Shares up 5% after hours.Quant rating is Neutral.

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GenMark sees 104% jump in Q3 sales
Stock Information

Company Name: GenMark Diagnostics Inc.
Stock Symbol: GNMK
Market: NASDAQ
Website: genmarkdx.com

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