NEW YORK (GenomeWeb News) — PerkinElmer today said first-quarter 2007 revenues increased 14 percent as R&D spending rose 22 percent and profit fell 38 percent.
 
Total receipts for the three months ended April 1 increased to $403 million from $355.5 million year over year, PerkinElmer said. 
 
Revenue for the company’s Life and Analytical Sciences business was up 14 percent to $299.5 million and Optoelectronics revenue was up 11 percent to $103.4 million year over year.
 

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