This story has been updated to include comments from PacBio's earnings call.

NEW YORK (GenomeWeb) – Pacific Biosciences reported after the close of the market Wednesday that its fourth quarter 2015 revenues increased 114 percent over the fourth quarter 2014.

The Menlo Park, California-based single-molecule sequencing technology company reported Q4 2015 revenues of $36.3 million, up from $16.9 million in the prior-year period but missing analysts' consensus estimate of $37.0 million.

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