Pacific Biosciences Announces Fourth Quarter 2015 Financial Results

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Piper Jaffray Downgrades Pacific Biosciences of California (PACB) to Neutral

February 4, 2016 6:37 AM EST

Piper Jaffray downgraded Pacific Biosciences of California (NASDAQ: PACB) from Overweight to Neutral with a price target of $11.00 (from $9.00).

Analyst William Quirk commented, "PacBio reported 4Q15 revenue of $36.3M, ~in line with the Street's $36.6M forecast. EPS of $(0.02) was also in line. PacBio... More

Pacific Bio (PACB) Reports In-Line Q4 EPS

February 3, 2016 5:08 PM EST

Pacific Bio (NASDAQ: PACB) reported Q4 EPS of ($0.02), in-line with the analyst estimate of ($0.02). Revenue for the quarter came in at $36.3 million versus the consensus estimate of $36.96 million.

For earnings history and earnings-related data on Pacific Bio (PACB) click here.

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