NEW YORK (GenomeWeb) – Quanterix reported after the close of the market on Wednesday that its fourth quarter revenues fell 1 percent year-over-year.

The company posted Q4 revenues of $6.6 million, down from $6.7 million in Q4 2016 and below the consensus Wall Street estimate of $6.7 million.

Quanterix noted that the Q4 2016 figure included $1.8 million of non-recurring license revenue and that Q4 2017 revenues were up 35 percent year-over-year once that non-recurring figure was excluded.

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