By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Nanosphere took a 49 percent hit in its third quarter revenues year over year, the company reported after the close of the market on Wednesday.

For the three months ended Sept. 30, the company recorded revenues of $373,437, compared to $729,017 a year ago, short of Wall Street expectations, which had estimated $670,000 in revenues.

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