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Biotech / Medical : Sequenom, Inc. (SQNM)
SQNM 2.3900.0%Sep 8 5:00 PM EST

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To: nigel bates who wrote (192)5/4/2006 8:06:07 PM
From: Teddy  Read Replies (1) of 364
 
Nice increase in revenue while decreasing cost. Still a long way to go, but 'directionly correct,'

Sequenom's revenues for the first quarter were $6.9 million, or a 61% increase compared to $4.3 million for the first quarter of 2005. Total costs and expenses for the quarter were $11.0 million, compared to $12.2 million for the first quarter of 2005. Total costs and expenses for the quarters ended March 31, 2006 and 2005 include $0.2 million and $0.1 million, respectively, of share-based compensation expenses.

The net loss for the first quarter was $3.7 million, or $0.09 per share, compared to $7.4 million, or $0.19 per share for the first quarter of 2005.
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