Sequenom's Q4 Revenues More than Double; Shares Fall in Early Trade | GenomeWeb

NEW YORK (GenomeWeb News) – Sequenom reported after the close of the market Thursday that its fourth-quarter revenues more than doubled year over year, as the firm edged out the Wall Street estimate on the top line.

Despite the strong revenue growth, Sequenom's shares fell in early Friday trade as the firm missed estimates on the bottom line and gave limited information on test volume and reimbursement expectations for its flagship prenatal test.

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