Affymetrix Posts Meager Q3 Revenue Growth as Profit Turns to Loss

Oct 25, 2006

NEW YORK (GenomeWeb News) — Affymetrix today reported that revenue for the third quarter increased around 1 percent as last year's profit swung to a loss.

Total receipts for the three months ended Sept. 30 inched up to $84.6 million from $83.4 million year over year

Affy said $59.8 million in revenue during the period came from GeneChip sales while about $10.1 million was made on reagent revenue and $7.7 million from its genotyping services.

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