NEW YORK – Berkeley Lights reported on Tuesday a 10 percent decrease in second quarter revenues.
For the three months ended June 30, 2020, the Emeryville, California-based cell analysis firm reported $10.6 million in revenues, down from $11.8 million during the same period last year. Product revenues grew 17 percent to $9.1 million, while service revenue fell 63 percent to $1.5 million.
Milestone and related revenues were $128,000, compared to $3.2 million a year ago.
The firm placed four of its optofluidic platforms in the quarter.