Affymetrix Inc Q3 Earnings Rise 27%

(RTTNews) - Affymetrix Inc (AFFX) released a profit for its third quarter that rose from last year.

The company said its bottom line totaled $8.02 million, or $0.10 per share. This was up from $6.30 million, or $0.09 per share, in last year's third quarter.

Analysts had expected the company to earn $0.08 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.6% to $86.53 million. This was down from $87.09 million last year.

Affymetrix Inc earnings at a glance:

-Earnings (Q3): $8.02 Mln. vs. $6.30 Mln. last year. -Earnings Growth (Y-o-Y): 27.3% -EPS (Q3): $0.10 vs. $0.09 last year. -EPS Growth (Y-o-Y): 11.1% -Analysts Estimate: $0.08 -Revenue (Q3): $86.53 Mln vs. $87.09 Mln last year. -Revenue Change (Y-o-Y): -0.6%