Caliper Posts Q2 Revenue Rise, Increased Losses

Aug 06, 2002

SAN FRANCISCO, Aug. 6 - Caliper today reported an increase in second quarter revenue and a widened net loss.

For the three months ended June 30, Caliper reported total revenues of $7.2 million compared with $5.3 million for the same period one year ago.

Net loss for the quarter increased to $11.4 million, or $.47 per share, compared to $6.2 million, or $.26 per share, for the year-ago period.

R&D spending rose to approximately $11.5 million from $9.5 million for the second quarter in 2001

The company said it had roughly $137.7 million in cash, cash equivalents, and short term marketable securities as of June 30.

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