Vermillion Revenue Charts (NASDAQ:VRML)
$1.59 $0 (0%) VRML stock closing price Jul 24, 2017 (Closing)
The latest 2017-Q1 Vermillion revenue is 0.73M. Compare Vermillion revenue chart with Neovasc revenue, Arch Therapeutics revenue.
Vermillion Revenue Chart
You can do annual as well as quarterly comparisons of Vermillion, Inc. net sales with its competitor companies like Neovasc, Arch Therapeutics. Over the 5 year period Vermillion revenue in 2016 was highest at 2.64M. In the latest quarter, VRML revenue 2017-Q1 has changed from 0.82M to 0.73M implying a decrease of 10.98%.
Vermillion Quarterly Revenue
* Past 5 years Range
|Max VRML Revenue||$1.59M||Dec, 2013|
|Min VRML Revenue||$0.31M||Mar, 2014|
Vermillion Annual Revenue
* Past 5 years Range
|Max VRML Revenue||$2.64M||Dec, 2016|
|Min VRML Revenue||$2.09M||Dec, 2012|
Vermillion Annual Revenue VS Peers
|Response Genetics Revenue||----||----||$16.72M||$19.8M||$18.73M|
|Quest Diagnostics Revenue||$7.52B||$7.49B||$7.44B||$7.15B||$7.38B|
Vermillion Stock Articles
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Vermillion revenue with Vermillion expenses, the figure that you arrive at will be Vermillion profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Vermillion revenue with that of its peers. For instance, you can compare T2 Biosystems topline, with EDAP TMS topline, Response Genetics topline, etc to assess how the company is doing with respect to its peers.