Complete Genomics (GNOM -16%) drops hard after missing on its Q1 late yesterday on...

|About: Complete Genomics, Inc. (GNOM)|By:, SA News Editor

Complete Genomics (GNOM -16%) drops hard after missing on its Q1 late yesterday on wider-than-expected losses. Revenue was down 42% Y/Y, largely due to an unexpected revenue recognition deferral for 200 units previously sold into Q2.