Benzinga | Aug 11, 2020 04:26PM EDT

T2 Biosystems Q2 EPS $(0.09) Beats $(0.15) Estimate, Sales $2.55M Beat $2.37M Estimate

T2 Biosystems (NASDAQ:TTOO) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.15) by 40 percent. This is a 74.29 percent increase over losses of $(0.35) per share from the same period last year. The company reported quarterly sales of $2.55 million which beat the analyst consensus estimate of $2.37 million by 7.68 percent. This is a 41.46 percent increase over sales of $1.80 million the same period last year.