LEXINGTON, Mass. (AP) _ T2 Biosystems Inc. (TTOO) on Wednesday reported a loss of $11.3 million in its third quarter.
On a per-share basis, the Lexington, Massachusetts-based company said it had a loss of 8 cents.
The diagnostics company posted revenue of $5.2 million in the period.
For the current quarter ending in December, T2 Biosystems said it expects revenue in the range of $8.7 million to $9.7 million.
The company expects full-year revenue in the range of $19 million to $20 million.
In the final minutes of trading on Wednesday, the company's shares hit $1.51. A year ago, they were trading at $2.94.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTOO at https://www.zacks.com/ap/TTOO