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Article: Affymetrix Reports Fourth Quarter and Fiscal Year 2006 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- February 7, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SANTA CLARA, Calif. -- Affymetrix Inc., (Nasdaq:AFFX) today reported its operating results for the fourth quarter and fiscal year ended December 31, 2006. On a GAAP basis, the Company reported net income of approximately $8.7 million or $0.13 per diluted share in the fourth quarter of 2006 as compared to net income of $30.6 million or $0.43 per diluted share in the fourth quarter of 2005.
On a GAAP basis, the Company reported fiscal year 2006 net loss of $13.7 million or $0.20 per diluted share, as compared to net income of $65.8 million or $0.96 per diluted share for 2005.
On January 1, 2006, the Company adopted FAS 123R and is reporting employee ...