NEW YORK (GenomeWeb News) – GeneNews today said that it recorded C$37,000 (US$33,000) in revenues for the fourth quarter, down 38 percent year over year from C$60,000 a year ago.

For the three months ended Dec. 31, 2013 the company recorded C$36,744 in revenues derived from milestone revenues from the completion of a research project undertaken at the start of the year, compared to no such revenues recorded in the year-ago period, GeneNews said in a document filed with Canadian regulators.

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