Affymetrix (AFFX) Guides Q3 Revenues Lower
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Affymetrix, Inc. (Nasdaq: AFFX) expects total revenue for the third quarter of 2008 to be approximately $75 million, below the consensus of $90.1 million.
Affymetrix said global sales fell below expectations for the quarter driven by increased competition for academic research funding and continued softness in industrial spending.
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