SEATTLE (AP) — SEATTLE (AP) — NanoString Technologies Inc. (NSTG) on Monday reported a loss of $37.4 million in its third quarter.
On a per-share basis, the Seattle-based company said it had a loss of 78 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share.
The maker of diagnostic systems for the analysis of genomic information posted revenue of $48.1 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $46.1 million.
NanoString expects full-year revenue in the range of $175 million to $180 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NSTG at https://www.zacks.com/ap/NSTG
