By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Accelrys today reported a 42 percent increase in its fourth-quarter GAAP revenues year over year.

The San Diego-based bioinformatics firm reported GAAP revenues of $31.3 million for the three-month period ended Dec. 31, compared to $22.1 million for the comparable three months of 2009. On a non-GAAP basis — excluding an $11.1 million deferred revenue fair value adjustment — the firm's revenues for Q3 2010 were $42.5 million.

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