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Latest Financial News for CBMXW

CBMX: Results Remain Very Strong, Despite Record Revenue Streak Ending
Posted on Friday November 10, 2017

By Brian Marckx, CFA NASDAQ:CBMX Q3 2017:  Results Remain Very Strong, Despite Record Revenue Streak Ending… CombiMatrix (NASDAQ:CBMX) reported financial results for Q3.  While financial results remained ...

CBMX: Q4 Records On Almost Every Measure
Posted on Tuesday February 28, 2017

Some things only change for the better.  That continues to be the story with CombiMatrix’s (CBMX) operational and financial results.  The company reported Q4 earnings last week which set new records on revenue, gross margin, profitability and cash collections.  The strong financial performance was largely the product of their bread-and-butter reproductive health microarray portfolio (i.e. As we have noted in the past, the company’s financial performance is a direct result of execution of management’s strategy.  CBMX has been actively engaged in their fate by targeting geographic areas with favorable reimbursement, sponsoring or otherwise supporting evidence-based studies, communicating with payers and optimizing their product portfolio to include cash-pay products.  The company’s recent implementation of a new compensation model and other efficiency initiatives has resulted in a rapid and substantial shedding of expenses.  And favorable changes in payers’ coverage decisions, CBMX’s investments in billing and collections resources, sales force training and their deft updates to their product portfolio have contributed to margin expansion and greatly improved cash collections.

Posted on Wednesday December 31, 1969

Posted on Wednesday December 31, 1969

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