Nanosphere's Q3 Revenues Jump 56 Percent | GenomeWeb

NEW YORK (GenomeWeb News) – Nanosphere said after the close of the market Wednesday that its third-quarter revenues increased 56 percent year over year driven by consumables sales.

The Northbrook, Ill.-based molecular diagnostics firm reported revenues of $865,000 for the three-month period ended Sept. 30, compared to $556,000 for the third quarter of 2011. While the sales figures were up sharply year over year, the firm fell far short of the consensus Wall Street estimate for revenues of $1.7 million.

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