Pacific Biometrics' Q2 Revenues Rise 96 Percent | GenomeWeb

NEW YORK (GenomeWeb News) – Pacific Biometrics, a Seattle-based CRO and multiplex assay developer, today reported that its second-quarter revenues increased nearly 100 percent and it swung to a profit from a loss.

The firm brought in total revenues of $3.2 million for the three-month period ended Dec. 31, compared to revenues of $1.6 million for the second quarter of 2007.

Pacific Biometrics posted a profit of $976,671, or $.05 per share, for the quarter, compared to a net loss of $818,219, or $.04 per share, for the second quarter of 2007.

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