A Shift Up

GenMark Diagnostics has revised its revenue estimates for the second quarter of 2012 and for the calendar year, the company says in a press release. For the second quarter, the company now projects it will have between $3.2 million and $3.6 million in revenue for Q2 and more that $15 million for the full year. In a statement, company President and CEO Hany Massarany attributes this increase to increased test utilization and "anticipated growth from near-term future menu.

The Sample's sister publication GenomeWeb Daily News has more here.