LipoScience downsizes

|About: LipoScience (LPDX)|By:, SA News Editor

In an effort to manage its costs and streamline its operations, nano cap LipoScience (LPDX) terminates its contract with Health Diagnostic Laboratory and cuts 22 jobs.

Consensus revenue estimates for Q1 and 2014 are $12M and $48M, respectively.

23 mutual funds have positions, down from 41 a year earlier.