T2 Biosystems Inc (TTOO) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic ... [Yahoo! Finance]
T2 Biosystems, Inc. (TTOO)
Last t2 biosystems, inc. earnings: 2/24 04:05 pm
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US:NASDAQ Investor Relations:
investors.t2biosystems.com/phoenix.zhtml?c=253528&p=irol-faq
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Source: Yahoo! Finance
T2 Biosystems Inc ( NASDAQ:TTOO ) reported a 34% increase in third-quarter revenue compared to the prior year, driven by strong sales of sepsis test panels. The company executed contracts for 11 T2 DX instruments, with significant international sales growth of 78% compared to the previous year. T2 Biosystems Inc ( NASDAQ:TTOO ) entered into an exclusive commercial distribution agreement with Cardinal Health, which is expected to significantly expand their access to over 6,000 US hospitals. The company is actively advancing its product pipeline, with several programs receiving FDA breakthrough device designation, including the T2 Resistance Panel. Operational improvements include converting 80% of debt to common stock, reducing quarterly interest payments, and implementing cost-saving measures such as consolidating real estate space. T2 Biosystems Inc ( NASDAQ:TTOO ) reported a net loss of $10.1 million for the third quarter of 2024, although this was an improvement from the
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News
- T2 Biosystems Announces Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- T2 Biosystems Announces Third Quarter 2024 Financial ResultsGlobeNewswire
- T2 Biosystems to Report Third Quarter 2024 Financial Results and Business Updates on November 14, 2024GlobeNewswire
- T2 Biosystems, Inc. (TTOO) Business Update Conference Call Transcript [Seeking Alpha]Seeking Alpha
- T2 Biosystems to Host Business Update Call on October 10, 2024 [Yahoo! Finance]Yahoo! Finance
TTOO
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/14/24 - Form SC
- TTOO's page on the SEC website