Pacific Biosciences Posts Q4 Revenues of $12.4M; Backlog at 16 Instruments | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Pacific Biosciences today reported fourth-quarter revenues of $12.4 million, beating analysts' consensus estimate of $10.4 million.

The Menlo Park, Calif.-based sequencing technology firm said that it delivered and installed 17 instruments and had six bookings during the quarter ended Dec. 31. As of the end of the year, the company had a backlog of 16 PacBio RS instruments, which represent around $11 million in revenue.

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