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Accelerate Diagnostics (AXDX) Reports Q2 2017 Financial Results, Doubles Revenue Generating Placements



8/4/2017 8:16:05 AM

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TUCSON, Ariz., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Accelerate Diagnostics, Inc. today announced preliminary financial results for the quarter ending June 30, 2017. The company further reported signed agreements for 265 instruments year to date; contracts for customer evaluations have grown to 220 instruments while revenue generating placements have doubled to 45 across the U.S., European, and Middle East regions.

Net sales for the second quarter 2017 was $699,000 compared to $20,000 in the second quarter of 2016. The increase was driven by sales of the Accelerate Phenoâ„¢ system and Accelerate PhenoTestâ„¢ BC kit.

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Read at BioSpace.com


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