NEW YORK (GenomeWeb News) – Complete Genomics said today that its revenues increased 74 percent year over year during the third quarter.

For the three months ended Sept. 30, revenues reached $7.3 million, compared to $4.2 million a year ago. Despite the spike, the Mountain View, Calif.-based company, which is in the process of being acquired by BGI-Shenzhen, missed the average analyst estimate of $8.1 million.

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The Trump Administration has proposed a plan to reorganize the federal government, the Washington Post reports.

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