T2 Biosystems Reports Third Quarter Results

Go back to T2 Biosystems Reports Third Quarter Results

T2 Biosystems (TTOO) Reports Q3 Loss of $0.51

November 1, 2016 5:05 PM EDT

T2 Biosystems (NASDAQ: TTOO) reported Q3 EPS of ($0.51), versus ($0.57) reported last year. Revenue for the quarter came in at $1.1 million, versus $1.05 million reported last year.

2016 continues to be a transformative year for T2 Biosystems, said President and Chief Executive Officer John McDonough. We have taken a number of strategic actions to position us for long-term sustainable growth, including our announced partnerships with Allergan and... More