Transgenomic Inches Toward Profitability via Consolidation, Growth in Research Services | GenomeWeb
Wrapping up a quarter in which it aggressively reduced costs through consolidation of its operations and saw revenues in its discovery research business grow by 300 percent, Transgenomic appears to be moving toward a better financial situation.
“We are investing in our strongest growth opportunities, controlling costs aggressively, and managing the transition from an unprofitable to a profitable company,” Transgenomic CEO Craig Tuttle told investors during the company’s second-quarter earnings call this week.

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