Fluidigm Announces Second Quarter Financial Results and Operational Progress

SOUTH SAN FRANCISCO, Calif., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Fluidigm Corporation (NASDAQ:FLDM) today announced financial results for the second quarter ended June 30, 2017.

Total revenue for the second quarter was $23.9 million, a decrease of 15% from $28.2 million in the second quarter of 2016 and a decrease of 6% from $25.5 million in the first quarter of 2017. GAAP net loss for the second quarter of 2017 was $16.9 million, compared with a GAAP net loss of $18.6 million for the second quarter of 2016. Non-GAAP net loss for the second quarter of 2017 was $9.0 million, compared with a $9.9 million non-GAAP net loss for the second quarter of 2016 (see accompanying table for reconciliation of GAAP and non-GAAP measures).

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