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November 3, 2011

Revenues Spike For Caliper

Revenues for Hopkinton-based Caliper Life Sciences - which is in the process of being sold - increased 24 percent in the third quarter to $29.7 million, while losses were cut slightly.

Losses decreased from $1.3 million last year to $782,000 this year.

For the first three-quarters of the year, revenues rose 27 percent to $111 million.

Last year through the first nine months of the year, the company made a $5.7 million profit, but that swung to a $6.6 million loss this year.

Shareholders of the company are expected to vote on the $600 million sale to Waltham-based PerkinElmer on Monday.

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