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Affymetrix Inc.



Affymetrix Reports Second Quarter 2008 Results



August 15th, 2008

Affymetrix Inc., (Nasdaq:AFFX) reported its operating results for the second quarter of 2008. Total revenue for the quarter was $86.9 million, as compared to total revenue of $88.3 million in the second quarter of 2007.

Product revenue was $75.0 million, which consists of array and reagent revenue of $68.9 million and instrument revenue of $6.1 million. Service revenue was $9.0 million, and royalties and other revenue were $2.9 million for the second quarter of 2008. This compares to second quarter 2007 product revenue of $68.4 million. Service revenue was $12.0 million, and royalties and other revenue were $7.9 million for the second quarter of 2007. Affymetrix shipped...


Source: Health Business Week (2008-08-15)

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