Article: Symyx Technologies Reports Third Quarter Financial Results.

Business Editors

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct. 24, 2002

Symyx Technologies, Inc. (Nasdaq:SMMX) today reported financial results for the third quarter ended September 30, 2002.

Revenue for the quarter ended September 30, 2002 was $14.4 million compared with $15.9 million for the same period in 2001. Revenue this quarter included $8.6 million in service revenue, mostly from Industry Collaborations. In addition, product sales generated $4.0 million in revenue, largely from the delivery of Discovery Tools(R) systems to Amgen, Inc., The Dow Chemical Company and North Dakota State University. Royalties and license fees generated $1.9 ...

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