Pacific Bio (PACB) Misses Q4 EPS by 2c

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Go back to Pacific Bio (PACB) Misses Q4 EPS by 2c

PacBio Announces Fourth Quarter and Fiscal Year 2021 Financial Results

February 15, 2022 4:05 PM EST

MENLO PARK, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB) today announced financial results for the quarter and fiscal year ended December 31, 2021.

Updates since our last earnings release

Achieved record fourth quarter revenues of $36.0 million reflecting growth of 33% compared to the prior year period and grew the Sequel II/IIe installed base by 84% to 374 as of December 31, 2021.Launched the HiFiViral SARS-CoV-2 Kit a fully kitted end-to-end solution for COVID-19 surveillance that public... More