Biodesix posts $13.7M net loss in third quarter
BOULDER — Biodesix Inc. (Nasdaq: BDSX), a lung-diagnostics company, reported a $13.7 million loss for the third quarter of 2022.
Despite that loss, the company experienced strong revenue growth, with a 70% increase to $11.1 million from $6.5 million in the second quarter. Operating expenses increased 7%, to $21.7 million from $19.6 million.
“Our core lung diagnostic testing momentum through the third quarter resulted in record test volume and revenue. Lung diagnostic revenue grew 102% over the third quarter of 2021 and 26% over the second quarter 2022,” said Scott Hutton, president and chief executive of Biodesix, in a prepared statement. “In…
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