NEW YORK (GenomeWeb) – Pacific Biosciences reported today after the close of the market that its fourth quarter 2014 revenues spiked 85 percent year over year.

The Menlo Park, Calif.-based single-molecule sequencing technology firm reported Q4 2014 revenues of $16.9 million, up from $9.1 million in the prior-year period, beating the consensus analyst estimate of $14.9 million.

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