Celera Posts 21 Percent Q3 Revenue Decline, Will Cut 50 Jobs
November 04, 2010
Celera Posts 21 Percent Q3 Revenue Decline, Will Cut 50 Jobs
The firm's lab services revenues were hurt by lower sample volume, but were partially offset by a higher average price per sample. Celera also announced a restructuring program intended to cut costs by $10 million next year.
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