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Affy Says Sales Surpassed $100M in Q4 04, a 17-Percent Increase

NEW YORK, Jan. 5 (GenomeWeb News) - Affymetrix estimates it has generated more than $100 million in product-related revenues for the fourth quarter of 2004, a record for the company, the firm said today.

 

This represents a 17-percent increase over the $85.3 million in product-related revenues recorded for the same quarter a year ago.

 

Affymetrix also said it has $10 million worth of orders for products it plans to release within the next six months, including new SNP-genotyping arrays and automated instrumentation.

 

The company will release its formal financial results on Jan. 26 after the stock market closes.

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