Key financial results for the first quarter are shown below:
· Q1 revenue of $12.3M versus prior year Q1 of $7.5M, an increase of 64%.
· Q1 instrument revenue of $3.4M versus prior year Q1 of $2.0M, an increase of 70%.
· Q1 consumables revenue was $6.1M versus prior year Q1 of $2.7M, an increase of 124%.
· Q1 Service and Other revenue totaled $2.8M versus prior year Q1 of $2.5M, an increase of 11%.
· Q1 gross margin was 48.7%, a 650 basis point improvement over the 42.2% in Q1 2018.