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NEW YORK – Pacific Biosciences reported after the close of the market on Tuesday that its second quarter 2019 revenues rose 14 percent year over year.

For the three months ended June 30, the Menlo Park, California-based company recognized total Q2 revenues of $24.6 million, compared to $21.6 million in Q2 2018, beating analysts' average estimate of $20.8 million. Revenues included $21.3 million in product revenue and $3.4 million in service and other revenue.

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