This article has been updated to include additional information from Invitae's earnings call held Tuesday.

NEW YORK (GenomeWeb) – Invitae reported on Tuesday after the close of the market that its fourth quarter revenues increased more than three-fold year-over-year.

The San Francisco-based genetic testing firm recorded $3.2 million in revenues for the three months ended Dec. 31, 2015, compared to $875,000 in the fourth quarter of 2014 and beat analysts' consensus estimate of $2.9 million.

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This webinar will walk through key considerations and helpful guidelines to accelerate next-generation sequencing (NGS)-based clinical genomics assay validation for less money and greater confidence in results.

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Proximity ligation technology generates multi-dimensional next-generation sequencing data that is proving to solve unmet needs in genomic research.