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Home » Business, Policy & Funding » Business News » OpGen Posts 54 Percent Increase in Preliminary Q3 Revenues, Consolidates Product Portfolio

OpGen Posts 54 Percent Increase in Preliminary Q3 Revenues, Consolidates Product Portfolio

Oct 15, 2020
|
staff reporter

NEW YORK — OpGen on Thursday reported a 54 percent increase in preliminary third quarter revenues as it consolidates its product portfolio following its acquisition of German diagnostics firm Curetis earlier this year.

For the three-month period ended September 30, OpGen expects revenues of $1.0 million versus $648,000 in the same quarter a year ago. The Gaithersburg, Maryland-based firm finished the third quarter with $10.4 million in cash.

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