Molecular Devices Will 'Reassess' Product Lines Following Cut in Third-Quarter Revenue Guidance | GenomeWeb
Molecular Devices, which cut its third-quarter revenue outlook by as much as 12 percent last week, may have to reassess certain product lines if the flat sales continue, President and CEO Joseph Keegan told investors at a recent conference.
 
Keegan, who refused to blame any one product line or the company’s overall sales and marketing force for the revenue shortfall, also said the company would focus on increasing the level of specialization of a sales and marketing team that “might be at capacity.”
 

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