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Third Wave boosts numbers in latest report

Madison, Wis. Third Wave Technologies this week reported the best annual financial results in the company's short history, wrapping up a year in which it met or exceeded all of its stated fiscal expectations.

Third Wave reported total revenues of $46.5 million and a net loss of $1.9 million for the year ended December 31, compared to total revenues......

Full article >>> commitment to building strong relationships and releasing superior solutions was a powerful one during 2004."

Transition time


Third Wave VP of Finance Jim Herrmann noted that the company "will maintain a conservative position and guide to a lower amount in 2005." Company execs said Wednesday that Third Wave is in the middle of a transition, and that 2005 will bring more of the sa......

Full article >>> they're faced with a falloff in their genomics and research sales. The company has historically played in that area, and that business for them has been very successful; unfortunately, that business is winding down. It's an area the company is no longer aggressively going after, and 2005 for them is going to see a precipitous fall in revenues. I think the issue for company and the stock over the n......

Full article >>> reached at lincoln@wistechnology.com.
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Source:wistechnology.com By Lincoln Brunner 02/23/05


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