Drop in Instrument Sales Weighs on ABI s Q4 Revenues | GenomeWeb

NEW YORIK, July 26 - Applied Biosystems on Thursday reported a 3.4 percent increase in fiscal fourth quarter revenues to $405.1 million, compared with $391.8 million in the year ago quarter as a drop in instrument sales offset higher sales of consumables and services.

The company posted a 12 percent drop in revenue from the sale of instruments, including software to $191.4 million from $216.9 million in the year ago period.

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