Helicos Posts Q1 Revenues of $1.2M; Cuts Loss | GenomeWeb

NEW YORK (GenomeWeb News) – Helicos BioSciences today reported first-quarter revenues of $1.2 million, up from $113,000 year over year.

The first quarter of 2009 is the first period in which the firm has ever reported product revenues, which were $963,000 for the three-month period ended March 31. The revenue came from the sale of one instrument that was shipped in 2008 and the sale of reagents to customers.

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