WaferGen Reports Sales Spike, Trimmed Loss in Q2 | GenomeWeb

NEW YORK (GenomeWeb) – WaferGen Biosystems reported after the close of the market Thursday that its second quarter revenues rose over 600 percent and that its net loss was down 38 percent compared with the year-ago period.

The genetic analysis products maker reported total revenues of $1.7 million for the three months ended June 30, up from $246,248 in Q2 2013. The firm's product revenue was $1.7 million versus $121,248 year over year, while its license and royalty revenue remained flat for the quarter at $125,000.

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