May 2, 2011
Caliper Revenue Up
Caliper Life Sciences Inc. of Hopkinton saw its first-quarter revenues increase 25 percent year-over-year, to $25.8 million.
The company's net loss also grew from $2.2 million to $2.6 million in the first quarter of 2010.
Caliper's December 2010 acquisition of Cambridge Research & Instrumentation Inc. paid off with an extra $2.6 million in revenues for the quarter, but the gain was offset by Caliper's divestiture of other product lines in May 2010, which resulted in a similar-size decline in revenues.
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