Pacific Biosciences of California, Inc. Announces Third Quarter 2012 Financial Results

MENLO PARK, Calif., — Pacific Biosciences of California, Inc. (Nasdaq:PACB) today announced financial results for the third quarter ended September 30, 2012.

During the third quarter of 2012, the Company recognized revenue from SMRT® Cell and reagent consumables, instrument service contracts and grants. Revenue for the third quarter of 2012 totaled $2.8 million compared to revenue of $7.3 million for the second quarter of 2012. Net loss for the quarter was $22.7 million compared to the $22.5 million net loss during the second quarter of 2012.

Gross profit for the third quarter of 2012 totaled $0.2 million, resulting in a gross margin of 7%, compared to a $0.3 million gross profit for the second quarter of 2012 and a gross margin of 4%. Gross profit for the third quarter of 2011 was $3.3 million representing a gross margin of 32%. The gross margin for the third quarter 2011 reflects the positive margin impact of instrument components expensed prior to the Company’s commercial launch during the second quarter of 2011.

Operating expenses totaled $22.8 million for both the second and third quarters of 2012. Operating expenses in the third quarter of 2012 include $2.3 million of non-cash stock-based compensation with $1.2 million and $1.1 million recorded in research and development, and selling, general and administrative expenses, respectively. Operating expenses in the third quarter of 2011 were $32.8 million.

Cash and investments at September 30, 2012 totaled $119.4 million compared to $137.1 million at June 30, 2012.

The Company’s system revenue backlog of 5 units as of September 30, 2012 represents an order for one PacBio RS instrument received during the second quarter of 2012 and four PacBio RS instruments orders received during the third quarter of 2012.

Quarterly Conference Call Information

Management will host a quarterly conference call to discuss its third quarter 2012 results today at 4:30pm Eastern / 1:30pm Pacific. Investors may listen to the call by dialing 888.366.7247, or if outside the U.S., by dialing +1.707.287.9330. The call will be webcast live and will be available for replay at Pacific Biosciences’ website at https://investor.pacificbiosciences.com/ .

About Pacific Biosciences

Pacific Biosciences of California, Inc. (Nasdaq:PACB) offers the PacBio® RS High Resolution Genetic Analyzer to help scientists solve genetically complex problems. Based on its novel Single Molecule, Real-Time (SMRT®) technology, the company’s products enable: targeted sequencing to more comprehensively characterize genetic variations; de novo genome assembly to more fully identify, annotate and decipher genomic structures; and DNA base modification identification to help characterize epigenetic regulation and DNA damage. By providing access to genetic information that was previously inaccessible, Pacific Biosciences enables scientists to increase their understanding of biological systems.

Pacific Biosciences of California, Inc. Announces Third Quarter 2012 Financial Results

Sort Results

Sort Results

Contact Us

Pay Invoice

Your Data and Privacy

Search All
Volume 29, Issue 12 - October 01, 2020
Volume 28, Issue 20 - January 31, 2020
Volume 28, Issue 19 - January 15, 2020
Volume 28, Issue 18 - January 03, 2020
Volume 28, Number 14 - November 30, 2019
Volume 28, Issue 8 - July 31, 2019
Volume 28, Issue 3 - May 15, 2019
Volume 28, Issue 2 - April 30, 2019
Volume 28, Issue 1 - April 15, 2019
Volume 27, Issue 24 - March 31, 2019
Volume 27, Issue 23 - March 15, 2019
Volume 27, Issue 22 - February 28, 2019
Volume 27, Issue 21 - February 15, 2019
Volume 27, Issue 20 - January 31, 2019
Volume 27, Issue 19 - January 15, 2019
Volume 27, Issue 18 - December 31, 2018
Volume 27, Issue 17 - December 15, 2018
Volume 27, Issue 16 - November 30, 2018
Volume 27, Issue 15 - November 15, 2018
Volume 27, Issue 14 - October 31, 2018
Volume 27, Issue 13 - October 15, 2018
Volume 27, Issue 12 - September 30, 2018
Volume 27, Issue 11 - September 15, 2018
Volume 27, Issue 10 - August 31, 2018
Volume 27, Issue 9 - August 15, 2018
Volume 27, Issue 8 - July 31, 2018
Volume 27, Issue 7 - July 16, 2018
Volume 27, Issue 6 - June 30, 2018
Volume 27, Issue 5 - June 15, 2018
Volume 27, Issue 4 - May 31, 2018
Volume 27, Issue 3 - May 15, 2018
Volume 27, Issue 2 - April 30, 2018
Volume 27, Issue 1 - April 15, 2018
Volume 26, Issue 24 - March 31, 2018
Volume 26, Issue 23 - March 15, 2018
Volume 26, Issue 22 - February 28, 2018
Volume 26, Issue 21 - February 15, 2018
Volume 26, Issue 20 - January 31, 2018
Volume 26, Issue 18 - December 31, 2017
Volume 26, Issue 17 - December 15, 2017
Volume 26, Issue 16 - November 30, 2017
Volume 26, Issue 15 - November 15, 2017
Volume 26, Issue 14 - October 31, 2017
Volume 26, Issue 13 - October 15, 2017
Volume 26, Issue 12 - September 30, 2017
Volume 26, Issue 11 - September 15, 2017
Volume 26, Issue 10 - August 31, 2017
Volume 26, Issue 9 - August 15, 2017
Volume 26, Issue 8 - July 31, 2017
Volume 26, Issue 7 - July 15, 2017
Volume 26, Issue 6 - June 30, 2017
Volume 26, Issue 5 - June 15, 2017
Volume 26, Issue 4 - May 31, 2017
Volume 26, Issue 3 - May 15, 2017
Volume 26, Issue 2 - April 30, 2017
Volume 26, Issue 1 - April 15, 2017
Volume 25, Issue 24 - March 31, 2017
Volume 25, Issue 23 - March 15, 2017
Volume 25, Issue 22 - February 28, 2017
Volume 25, Issue 21 - February 15, 2017
Volume 25, Issue 20 - January 31, 2017
Volume 25, Issue 18 - December 31, 2016
Volume 25, Issue 17 - December 15, 2016
Volume 25, Issue 16 - November 30, 2016
Volume 25, Issue 15 - November 15, 2016
Volume 25, Issue 14 - October 31, 2016
Volume 25, Issue 13 - October 15, 2016
Volume 25, Issue 12 - September 30, 2016
Volume 25, Issue 11 - September 15, 2016
Volume 25, Issue 10 - August 31, 2016
Volume 25, Issue 9 - August 15, 2016
Volume 25, Issue 8 - July 31, 2016
Volume 25, Issue 7 - July 15, 2016
Volume 25, Issue 6 - June 30, 2016
Volume 25, Issue 5 - June 15, 2016
Volume 25, Issue 4 - May 31, 2016
Volume 25, Issue 3 - May 15, 2016
Volume 25, Issue 2 - April 30, 2016
Volume 25, Issue 1 - April 15, 2016
Volume 24, Issue 24 - March 31, 2016
Volume 24, Issue 23 - March 15, 2016
Volume 24, Issue 22 - February 29, 2016
Volume 24, Issue 21 - February 15, 2016
Volume 24, Issue 20 - January 31, 2016
Volume 24, Issue 18 - December 31, 2015
Volume 24, Issue 17 - December 15, 2015
Volume 24, Issue 16 - November 30, 2015
Volume 24, Issue 15 - November 15, 2015
Volume 24, Issue 14 - October 31, 2015
Volume 24, Issue 13 - October 15, 2015
Volume 24, Issue 12 - September 30, 2015
Volume 24, Issue 11 - September 15, 2015
Volume 24, Issue 10 - August 31, 2015
Volume 24, Issue 9 - August 15, 2015
Volume 24, Issue 8 - July 31, 2015
Volume 24, Issue 7 - July 15, 2015
Volume 24, Issue 6 - June 30, 2015
Volume 24, Issue 5 - June 15, 2015
Volume 24, Issue 4 - May 31, 2015
Volume 24, Issue 3 - May 15, 2015
Volume 24, Issue 2 - April 30, 2015
Volume 24, Issue 1 - April 15, 2015
Volume 23, Issue 24 - March 31, 2015
Volume 23, Issue 23 - March 15, 2015
Volume 23, Issue 22 - February 28, 2015
Volume 23, Issue 21 - February 15, 2015
Volume 23, Issue 20 - January 31, 2015
Volume 23, Issue 19 - January 15, 2015
Volume 23, Issue 18 - December 31, 2014
Volume 23, Issue 17 - December 15, 2014
Volume 23, Issue 16 - November 30, 2014
Volume 23, Issue 15 - November 15, 2014
Volume 23, Issue 14 - October 31, 2014
Volume 23, Issue 13 - October 15, 2014
Volume 23, Issue 12 - September 30, 2014
Volume 23, Issue 11 - September 15, 2014
Volume 23, Issue 10 - August 31, 2014
Volume 23, Issue 9 - August 15, 2014
Volume 23, Issue 8 - July 31, 2014
Volume 23, Issue 7 - July 15, 2014
Volume 23, Issue 6 - June 30, 2014
Volume 23, Issue 5 - June 15, 2014
Volume 23, Issue 4 - May 31, 2014
Volume 23, Issue 3 - May 15, 2014
Volume 23, Issue 2 - April 30, 2014
Volume 23, Issue 1 - April 15, 2014
Volume 22, Issue 24 - March 31, 2014
Volume 22, Issue 23 - March 15, 2014
Volume 22, Issue 22 - February 28, 2014
Volume 22, Issue 21 - February 15, 2014
Volume 22, Issue 20 - January 31, 2014
Volume 22, Issue 19 - January 15, 2014
Volume 22, Issue 18 - December 31, 2013
Volume 22, Issue 17 - December 15, 2013
Volume 22, Issue 16 - November 30, 2013
Volume 22, Issue 15 - November 15, 2013
Volume 22, Issue 14 - October 31, 2013
Volume 22, Issue 13 - October 15, 2013
Volume 22, Issue 12 - September 30, 2013
Volume 22, Issue 11 - September 15, 2013
Volume 22, Issue 10 - August 31, 2013
Volume 22, Issue 9 - August 15, 2013
Volume 22, Issue 8 - July 31, 2013
Volume 22, Issue 7 - July 15, 2013
Volume 22, Issue 6 - June 30, 2013
Volume 22, Issue 5 - June 15, 2013
Volume 22, Issue 4 - May 31, 2013
Volume 22, Issue 3 - May 15, 2013
Volume 22, Issue 2 - April 30, 2013
Volume 22, Issue 1 - April 15, 2013
Volume 21, Issue 24 - March 31, 2013
Volume 21, Issue 23 - March 15, 2013
Volume 21, Issue 22 - February 28, 2013
Volume 21, Issue 21 - February 15, 2013
Volume 21, Issue 20 - January 31, 2013
Volume 21, Issue 19 - January 15, 2013
Volume 21, Issue 18 - December 31, 2012
Volume 21, Issue 17 - December 15, 2012
Volume 21, Issue 16 - November 30, 2012
Volume 21, Issue 15 - November 15, 2012
Volume 21, Issue 14 - October 31, 2012
Volume 21, Issue 13 - October 15, 2012
Volume 21, Issue 12 - September 30, 2012
Volume 21, Issue 11 - September 15, 2012
Volume 21, Issue 10 - August 31, 2012
Volume 21, Issue 9 - August 15, 2012
Volume 21, Issue 8 - July 31, 2012
Volume 21, Issue 7 - July 15, 2012
Volume 21, Issue 6 - June 30, 2012
Volume 21, Issue 5 - June 15, 2012
Volume 21, Issue 4 - May 31, 2012
Volume 21, Issue 3 - May 15, 2012
Volume 21, Issue 2 - April 30, 2012
Volume 21, Issue 1 - April 15, 2012
Volume 20, Issue 24 - March 31, 2012
Volume 20, Issue 23 - March 15, 2012
Volume 20, Issue 22 - February 29, 2012
Volume 20, Issue 21 - February 15, 2012
Volume 20, Issue 20 - January 31, 2012
Volume 20, Issue 19 - January 15, 2012
Volume 20, Issue 18 - December 31, 2011
Volume 20, Issue 17 - December 15, 2011
Volume 20, Issue 16 - November 30, 2011
Volume 20, Issue 15 - November 15, 2011
Volume 20, Issue 14 - October 31, 2011
Volume 20, Issue 13 - October 15, 2011
Volume 20, Issue 12 - September 30, 2011
Volume 20, Issue 11 - September 15, 2011
Volume 20, Issue 10 - August 31, 2011
Volume 20, Issue 9 - August 15, 2011
Volume 20, Issue 8 - July 31, 2011
Volume 20, Issue 7 - July 15, 2011
Volume 20, Issue 6 - June 30, 2011
Volume 20, Issue 5 - June 15, 2011
Volume 20, Issue 4 - May 31, 2011
Volume 20, Issue 3 - May 15, 2011
Volume 20, Issue 2 - April 30, 2011
Volume 20, Issue 1 - April 15, 2011
Volume 19, Issue 24 - March 31, 2011
Volume 19, Issue 23 - March 15, 2011
Volume 19, Issue 22 - February 28, 2011
Volume 19, Issue 21 - February 15, 2011
Volume 19, Issue 20 - January 31, 2011
Volume 19, Issue 19 - January 15, 2011
Volume 19, Issue 18 - December 31, 2010
Volume 19, Issue 17 - December 15, 2010
Volume 19, Issue 16 - November 30, 2010
Volume 19, Issue 15 - November 15, 2010
Volume 19, Issue 14 - October 31, 2010
Volume 19, Issue 13 - October 15, 2010
Volume 19, Issue 12 - September 30, 2010
Volume 19, Issue 11 - September 15, 2010
Volume 19, Issue 10 - August 31, 2010
Volume 19, Issue 9 - August 15, 2010
Volume 19, Issue 8 - July 31, 2010
Volume 19, Issue 7 - July 15, 2010
Volume 19, Issue 6 - June 30, 2010
Volume 19, Issue 5 - June 15, 2010
Volume 19, Issue 4 - May 31, 2010
Volume 19, Issue 3 - May 15, 2010
Volume 19, Issue 2 - April 30, 2010
Volume 19, Issue 1 - April 15, 2010
Volume 18, Issue 24 - March 31, 2010
Volume 18, Issue 23 - March 15, 2010
Volume 18, Issue 22 - February 28, 2010
Volume 18, Issue 21 - February 15, 2010
Volume 18, Issue 20 - January 31, 2010
Volume 18, Issue 19 - January 15, 2010
Volume 18, Issue 18 - December 31, 2009
Volume 18, Issue 17 - December 15, 2009
Volume 18, Issue 16 - November 30, 2009
Volume 18, Issue 15 - November 15, 2009
Volume 18, Issue 14 - October 31, 2009
Volume 18, Issue 13 - October 15, 2009
Volume 18, Issue 12 - September 30, 2009
Volume 18, Issue 11 - September 15, 2009
Volume 18, Issue 10 - August 31, 2009
Volume 18, Issue 9 - August 15, 2009
Volume 18, Issue 8 - July 31, 2009
Volume 18, Issue 7 - July 15, 2009
Volume 18, Issue 6 - June 30, 2009
Volume 18, Issue 5 - June 15, 2009
Volume 18, Issue 4 - May 31, 2009
Volume 18, Issue 3 - May 15, 2009
Volume 18, Issue 2 - April 30, 2009
Volume 18, Issue 1 - April 15, 2009
Volume 17, Issue 24 - March 31, 2009
Volume 17, Issue 23 - March 15, 2009
Volume 17, Issue 22 - February 28, 2009
Volume 17, Issue 21 - February 15, 2009
Volume 17, Issue 20 - January 31, 2009
Volume 17, Issue 19 - January 15, 2009
Volume 17, Issue 18 - December 31, 2008
Volume 17, Issue 17 - December 15, 2008
Volume 17, Issue 16 - November 30, 2008
Volume 17, Issue 15 - November 15, 2008
Volume 17, Issue 14 - October 31, 2008
Volume 17, Issue 13 - October 15, 2008
Volume 17, Issue 12 - September 30, 2008
Volume 17, Issue 11 - September 15, 2008
Volume 17, Issue 10 - August 31, 2008
Volume 17, Issue 9 - August 15, 2008
Volume 17, Issue 8 - July 31, 2008
Volume 17, Issue 7 - July 15, 2008
Volume 17, Issue 6 - June 30, 2008
Volume 17, Issue 5 - June 15, 2008
Volume 17, Issue 4 - May 31, 2008
Volume 17, Issue 3 - May 15, 2008
Volume 17, Issue 2 - April 30, 2008
Volume 17, Issue 1 - April 15, 2008
Volume 16, Issue 24 - March 31, 2008
Volume 16, Issue 23 - March 15, 2008
Volume 16, Issue 22 - February 29, 2008
Volume 16, Issue 21 - February 15, 2008
Volume 16, Issue 20 - January 31, 2008
Volume 16, Issue 19 - January 15, 2008
Volume 16, Issue 18 - December 31, 2007
Volume 16, Issue 17 - December 15, 2007
Volume 16, Issue 16 - November 30, 2007
Volume 16, Issue 15 - November 15, 2007
Volume 16, Issue 14 - October 31, 2007
Volume 16, Issue 13 - October 15, 2007
Volume 16, Issue 12 - September 30, 2007
Volume 16, Issue 11 - September 15, 2007
Volume 16, Issue 10 - August 31, 2007
Volume 16, Issue 9 - August 15, 2007
Volume 16, Issue 8 - July 31, 2007
Volume 16, Issue 7 - July 15, 2007
Volume 16, Issue 6 - June 30, 2007
Volume 16, Issue 5 - June 15, 2007
Volume 16, Issue 4 - May 31, 2007
Volume 16, Issue 3 - May 15, 2007
Volume 16, Issue 2 - April 30, 2007
Volume 16, Issue 1 - April 15, 2007
Volume 15, Issue 24 - March 31, 2007
Volume 15, Issue 23 - March 15, 2007
Volume 15, Issue 21 - February 15, 2007
Volume 15, Issue 20 - January 31, 2007
Volume 34, Issue 21
Volume 34, Issue 15
Volume 28, Issue 9
Volume 28, Issue 4

Search All
Ag/Food
Applied Markets
Asia-Pacific
Atomic Spectroscopy
Cell-based Analysis
Chemicals
Chromatography
Consumables (Aftermarket)
Corporate HR
Corporate HR|Lab Automation
Diagnostics
Electochemistry
Electrochemistry
Electrophoresis
Environmental
Europe
Financial
GC and GC/MS
General Analytical Techniques
In Vivo Animal Imaging
Industrial
Industry
Informatics
Instruments (Initial Systems)
Ion Mobility Spectrometry
Japan
Lab Automation
Lab Equipment
Lab Equipment|Laboratory Products
Laboratory Automation
Laboratory Products
Latin America
LC
Life Science Consumables
Life Science Instrumentation
Life Science Instrumentation|Microarrays
Life Science Instruments
Liquid Chromatography
Litigation
Mass Spectrometry
Mass Spectrometry and LC/MS
Materials Characterization
Mergers
Microarrays
Miniprep/Magnetic Beads
Molecular Spectroscopy
NMR
Nucleic Acid Amplification
Pharma/Bio/CROs
Process Analysis
Public Sector
Region
Rest-of-World
Sample Preparation
SamplePreparation
Security Technologies
Sequencing
Service
Surface Science
Synthesizers
USA/Canada

Sort Results

Sort Results

Contact Us

Pay Invoice

Latest Blogs

Sitemap

Your Data and Privacy

About Us