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Stock impact report

T2 Biosystems Reports Third Quarter 2019 Financial Highlights and Provides Corporate Update

T2 Biosystems, Inc. (TTOO) 
Last t2 biosystems, inc. earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
LEXINGTON, Mass., Nov. 12, 2019 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO) (the “Company,”“T2,” or “T2 Biosystems”), a leader in the development and commercialization of innovative medical diagnostic products for critical unmet needs in healthcare, announced today the operating highlights and preliminary financial results for the third quarter ended September 30, 2019. Due to a ransom cyber-attack on the Company’s information technology (“IT”) systems, the Company is reporting full revenue, new contracts and cash flow highlights as a part of this earnings release along with preliminary earnings estimates. We have determined that additional time is needed to input expense and other information into the Company’s enterprise resource planning (“ERP”) system and the Company believes it is on track to finalize that information and file on the Company’s Form 10-Q for the third quarter 2019 by November 18, the extended due date for filing. We will file the appropriate form with Show less Read more
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