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Affymetrix Inc.
Affymetrix Reports Third Quarter 2008 Results
November 14th, 2008
Affymetrix Inc., (Nasdaq:AFFX) reported its operating results for the third quarter of 2008. Total revenue for the quarter was $75.2 million, as compared to total revenue of $95.0 million in the third quarter of 2007. Product revenue was $66.0 million, which consists of array and reagent revenue of $59.8 million and instrument revenue of $6.2 million. Service revenue was $6.1 million, and royalties and other revenue were $3.1 million for the third quarter of 2008. This compares to third quarter 2007 product revenue of $69.7 million. Service revenue was $10.8 million, and royalties and other revenue were $14.4 million for the third quarter of 2007. Affymetrix shipped 29...
Source: Health Business Week (2008-11-14)
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