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Tuesday, July 7, 2020

GenMark sees 118% jump in Q2 sales

GenMark Diagnostics (NASDAQ:GNMK) expects Q2 sales to be ~$40.1M, up 118% Y/Y, as COVID-19 impacted second quarter placements and revenue.
During the quarter, the company placed net 71 ePlex analyzers (+48%) and expects ePlex revenue to be ~$35.2M (+195%). SARS-CoV-2 consumables accounted for ~48% of total ePlex revenue
The company will release final Q2 results in early August.

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