Invitae Reports Threefold Increase in Q2 Revenues | GenomeWeb

NEW YORK (GenomeWeb) – Invitae reported after the close of the market Monday a more than threefold year-over-year increase in second quarter revenues.

For the three months ended June 30, Invitae reported $5.6 million in revenues compared to $1.8 million in the year ago period, falling short of the consensus Wall Street estimate of $5.8 million.

Invitae grew its test volume by 170 percent year over year, billing more than 12,000 reports and accessioning more than 12,500 samples.

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