Pressure BioSciences Blames Snow Storms for Drop in Q1 Revenues | GenomeWeb

This story originally ran on May 19.

Pressure BioSciences announced this week that total revenue for the first quarter of 2010 fell 5 percent to $290,813 from $306,762 in the first quarter of 2009.

Revenue from sales of the company's Pressure Cycling Technology systems dropped 15 percent to $189,150 from $222,142 in the year-ago period. The balance of the company's revenues, derived from grants, increased to $101,663 from $84,620 in the first quarter of 2009.

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