Ciphergen s Q4 Projections and Stock Drop; Rich Blames Core Facilities, Says Delay a Pause

Jan 09, 2004

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Amid the New Year’s lull, Ciphergen Biosystems announced last Friday that its revenues for the quarter would fall short of previous forecasts, due to delays in orders.

The company said its revenues for the quarter will be in the range of $15.0 to $15.5 million, as compared to prior expectations of about $19 million.

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