NEW YORK (GenomeWeb) – Sygnis today reported a 64 percent increase in its first quarter revenues on strong sales of its research kits and devices.

For the three-month period ended March 31, the company's revenues rose to €2.3 million ($2.8 million) from €1.4 million in the same quarter the year before.

The Heidelberg, Germany-based firm posted a Q1 net loss of €322,000, or €.01 per share, down 73 percent from a loss of €1.2 million, or €.03 per share in the year-ago period.

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