Pacific Bio (PACB) Misses Q2 EPS by 2c
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Pacific Biosciences of California, Inc. Announces Second Quarter 2017 Financial Results
August 2, 2017 4:02 PM EDTMENLO PARK, Calif., Aug. 02, 2017 (GLOBE NEWSWIRE) -- Pacific Biosciences of California, Inc. (NASDAQ: PACB) today announced financial results for its second quarter ended June 30, 2017.
Product, service and other revenue for the second quarter of 2017 increased by 17% to $20.1 million, compared to $17.2 million for the second quarter of 2016. Total revenue for the second quarter of 2017 was $20.1 million, compared to $20.7 million for the second quarter of 2016. Total revenue for the second quarter of 2016 included $3.6 million of contractual revenue, whereas the second quarter of 2017 included no contractual revenue.Â
Gross profit for the second quarter of... More
