PacBio Q1 Revenues Climb 8 Percent | GenomeWeb

This article has been updated to add comments from PacBio's earnings call. 

NEW YORK (GenomeWeb) – Pacific Biosciences reported after the close of the market Thursday that its first quarter 2016 revenues were up 8 percent year over year.

The Menlo Park, California-based single-molecule sequencing technologies firm reported Q1 revenues of $19.1 million compared to $17.6 million in Q1 2015. It beat the consensus Wall Street estimate of $18.0 million.

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