Nanosphere Posts 42 Percent Q2 Revenue Growth but Lowers 2014 Guidance | GenomeWeb

NEW YORK (GenomeWeb) – Nanosphere reported after the close of the market on Wednesday that its revenues rose 42 percent year over year, driven by a sharp uptick in consumables sales.

However, Nanosphere fell short of analysts' consensus estimates and lowered its guidance for the year. Investors drove shares of the firm down 29 percent to $1.01 in Thursday morning trade on the Nasdaq.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

In Science this week: genetic analysis of pollutant-tolerant fish, and more.

Researchers have found a rare carbapenem resistance gene on a US pig farm, NBC News reports.

New York officials are considering the use of a familial DNA search to get a lead on a suspect in the strangulation death of a runner.

NIH Director Francis Collins has selected a retired Army major general and cardiologist for the CEO spot at the agency's embattled Clinical Center.