T2 Biosystems (NASDAQ:TTOO) will be issuing its quarterly earnings data after the market closes on Thursday, May 6th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
T2 Biosystems (NASDAQ:TTOO) last issued its quarterly earnings results on Wednesday, March 3rd. The medical equipment provider reported ($0.07) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.07). The business had revenue of $7.79 million for the quarter, compared to analyst estimates of $7.78 million. On average, analysts expect T2 Biosystems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ:TTOO opened at $1.38 on Tuesday. T2 Biosystems has a 1-year low of $0.48 and a 1-year high of $3.79. The stock has a market cap of $204.92 million, a P/E ratio of -2.00 and a beta of 0.72. The company has a debt-to-equity ratio of 2.54, a current ratio of 4.97 and a quick ratio of 4.63. The firm has a fifty day moving average price of $1.54 and a 200 day moving average price of $1.65.
About T2 Biosystems
T2 Biosystems, Inc, an in vitro diagnostics company, develops diagnostic products and product candidates in the United States and internationally. It provides T2 Magnetic Resonance technology that enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, cerebral spinal fluid, and urine.
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