Vermillion Reports Third Quarter 2019 Financial Results
VERMILLION (VRML)
US:NASDAQ Investor Relations:
vermilionenergy.com/invest-with-us/overview-invest.cfm
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Vermillion, Inc. (Nasdaq: VRML), a bio-analytical based women’s health company focused on gynecologic disease, today reported its financial results for the third quarter ended September 30, 2019. “We are very pleased by the continued positive momentum on multiple fronts of the business, from unit growth, pipeline development and CA125 disparity impact. The rate of year on year growth has accelerated every quarter this year,” stated Valerie Palmieri, President and CEO of Vermillion. “We are focused on maximizing commercialization efforts and we anticipate our year on year growth in the fourth quarter will be in excess of 100%.” Recent Corporate Highlights Year over Year Results - Third Quarter 2019 versus Third Quarter 2018: Product volume increased 82% to 3,602 units up from 1,981 in the third quarter of last yearProduct revenue increased 68% to $1,241,433 up from $738,870 in the third quarter of last yearTotal number of custome
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