T2 Biosystems's revenue for the
three
months ended in Sep. 2024 was $1.99 Mil.
Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $7.68 Mil.
T2 Biosystems's Revenue per Share for the
three
months ended in Sep. 2024 was $0.11.
Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $1.07.
Warning Sign:
T2 Biosystems Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of T2 Biosystems was -98.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -84.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -4.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 36.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 12 years, T2 Biosystems's highest 3-Year average Revenue per Share Growth Rate was 365.50% per year. The lowest was -84.60% per year. And the median was 119.80% per year.
T2 Biosystems Revenue Historical Data
The historical data trend for T2 Biosystems's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Diagnostics & Research subindustry, T2 Biosystems's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
T2 Biosystems's Revenue Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, T2 Biosystems's Revenue distribution charts can be found below:
* The bar in red indicates where T2 Biosystems's Revenue falls into.
T2 Biosystems Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.68 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
T2 Biosystems (LTS:0A57) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
T2 Biosystems Revenue Related Terms
Thank you for viewing the detailed overview of T2 Biosystems's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
T2 Biosystems Inc is a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes. It is dedicated to improving patient care and reducing the cost of care by helping clinicians effectively treat patients faster than ever before. The company's products include the T2Dx Instrument, the T2Bacteria Panel, the T2Candida Panel, the T2Resistance Panel, and the T2Biothreat Panel, and are powered by the proprietary T2 Magnetic Resonance technology.
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