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Home » Business, Policy & Funding » Business News » HTG Molecular Diagnostics' FY 2019 Revenues Drop 11 Percent

HTG Molecular Diagnostics' FY 2019 Revenues Drop 11 Percent

Mar 25, 2020
|
staff reporter

NEW YORK – HTG Molecular Diagnostics reported after the close of the market on Wednesday an 11 percent year-over-year drop in its full-year revenues, driven by a significant decrease in collaboration revenue.

For the year ended Dec. 31, 2019, the Tucson, Arizona-based firm's revenues fell to $19.2 from $21.5 million in 2018, matching the Wall Street consensus estimate.

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