NEW YORK – Vermillion reported after the close of the market on Tuesday a 66 percent year-over-year jump in its third quarter revenues.
For the three months ended Sept. 30, the Austin, Texas-based cancer diagnostics firm said that total revenues rose to $1.3 million from $774,000 in the year-ago quarter.
Product revenues were $1.2 million, up 68 percent from $738,870 in Q3 2018. Service revenues from the company's Aspira IVD business were up 26 percent to $44,000 from $35,000 in Q3 2018.