Affymetrix Misses As Sales Dip
Genetic products maker Affymetrix Inc’s (NASDAQ:AFFX) fourth-quarter fiscal 2011 loss per share of 21 cents was higher than the Zacks Consensus Estimate of a loss of 7 cents. The California-based company recorded a loss of $14.7 million in the quarter compared with a profit of $4 million (or 6 cents a share) a year ago [...]
Genetic products maker Affymetrix Inc’s (NASDAQ:AFFX) fourth-quarter fiscal 2011 loss per share of 21 cents was higher than the Zacks Consensus Estimate of a loss of 7 cents. The California-based company recorded a loss of $14.7 million in the quarter compared with a profit of $4 million (or 6 cents a share) a year ago as it saw a double-digit decline in its top line.
For the fiscal, loss per share of 40 cents was also higher than the Zacks Consensus Estimate of a loss of 17 cents. Losses nearly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards