MENLO PARK, Calif. (AP) — MENLO PARK, Calif. (AP) — Pacific Biosciences of California Inc. (PACB) on Wednesday reported a loss of $38 million in its third quarter.
On a per-share basis, the Menlo Park, California-based company said it had a loss of 13 cents. Losses, adjusted for non-recurring costs, were 12 cents per share.
The maker of genetic analysis technology posted revenue of $38.4 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $39.8 million.
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