Fluidigm Reports 33 Percent Spike in Q1 Revenues | GenomeWeb

NEW YORK (GenomeWeb News) – Fluidigm reported after the close of market Wednesday that its first-quarter revenues jumped 33 percent year over year as the company was essentially cash flow neutral for the first time in any quarter in its history.

The South San Francisco-based firm netted total revenues of $14.5 million for the three-month period ended March 31, compared to $10.9 million in the first quarter of 2012. It edged out the consensus Wall Street estimate of $14.3 million for the quarter.

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