Achieves record quarterly reproductive health revenues and test volume, across-the-board increases in average revenue per test, expanded gross margin, significantly narrowed operating loss and record cash ...
- GlobeNewswire•9 days agoCombiMatrix Corporation to Release 2016 Fourth Quarter and Full Year Financial Results on February 22, 2017
IRVINE, Calif., Feb. 15, 2017-- CombiMatrix Corporation, a family health molecular diagnostics company specializing in DNA-based reproductive health and pediatric testing services, announces that it will ...
- Zacks Small Cap Research•14 days ago
Through the first nine months of 2016 CombiMatrix’s (CBMX) revenue is up 26%, gross margin is 800 basis points wider, operating loss is 28% lower and EBITDA loss is improved by almost 38% as compared to the same period in 2015. As we have recently noted, we characterize the improved financial performance as ‘high quality’ and what reasonably could be expected to be replicable given that these are the products of CombiMatrix’s direct efforts and/or favorable changes in industry fundamentals. CBMX has been actively engaged in their fate by targeting geographic areas with favorable reimbursement, sponsoring or otherwise supporting evidence-based studies, communicating with payers and optimizing their product portfolio to include cash-pay products. The company’s recent implementation of a new compensation model and other efficiency initiatives has resulted in a rapid and substantial shedding of expenses. And favorable changes in payers’ coverage decisions, CBMX’s investments in billing and collections resources and their deft updates to their product portfolio have contributed to margin expansion and greatly improved cash collections.
CBMX : Summary for CombiMatrix Corporation - Yahoo Finance
CombiMatrix Corporation (CBMX)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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|Bid||4.35 x 1000|
|Ask||4.45 x 100|
|Day's Range||4.15 - 4.90|
|52 Week Range||2.15 - 7.96|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-0.85|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|