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Stock Market & Financial Investment News

News Breaks
August 11, 2014
07:11 EDTRGENRepligen raises FY14 revenue guidance to $59M-$62M from $58M-$61M
Consensus $59M. Total product revenue for 2014 is expected to be $57M-$60M, an increase from previous guidance of $56M-$59M. This reflects annual growth of 20%-26%. Product gross margin for FY14 is expected to be 53%-55%, an increase from our previous guidance of 51%-53%. Total income from operations for FY14 is expected to be $11M-$13M, increased from previous guidance of $10M-$12M. The company expects to end FY14 with $64M-$68M in cash and cash investments, an increase from our previous guidance of $62M-$66M.
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