Molecular Devices Posts Best Quarter in its History

Molecular Devices of Sunnyvale, Calif., announced on April 22 that its 2004 first-quarter earnings and revenues set a record for the company.

Revenues for the quarter, which ended March 31, were $27.3 million, an increase of 11 percent compared to the first quarter of last year, the company said. In addition, operating income for the first quarter of 2004 was $2.2 million, an increase of 198 percent compared to the first quarter of 2003.

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