By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Nanosphere today reported that its first-quarter 2010 revenues more than tripled year over year but were flat sequentially.

The Northbrook, Ill.-based molecular diagnostics firm brought in total revenues of $825,827 for the three months ended March 31, compared to $255,225 for the first quarter of 2009. However, its revenues were flat from Q4 2009. Analysts, on average, had expected revenues of $1.4 million.

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