Transgenomic Posts Flat Sales in Q2

Aug 07, 2008

NEW YORK (GenomeWeb News) – Transgenomic this week reported nearly flat revenues in the second-quarter of 2008, and its profit dropped 55 percent in the quarter compared with the year-ago period.

The Omaha, Neb.-based genetic test provider said that it brought in revenues of $6.2 million for the three-month period ended June 30, roughly the same number it recorded in the second quarter of 2007.

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