Shares of GenMark Diagnostics Inc. (GNMK) slid 7 percent in after-hours trade on the Nasdaq, after the company slashed its revenue outlook for the year ending December 2013.
The company cited additional uncertainties relating to the future revenue contribution from its largest customer, along with persisting reimbursement and other challenges affecting the emerging pharmacogenomics market sector as the reason for the pruned outlook.
For the full year, the company now expects revenue of about $30 million, down from prior guidance of about $35 million.
Analysts polled by Thomson Reuters currently expect revenue of $35.11 million for the full year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.