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SOUTH SAN FRANCISCO, Calif. (AP) — SOUTH SAN FRANCISCO, Calif. (AP) — Standard BioTools Inc. (LAB) on Wednesday reported a loss of $34.1 million in its fourth quarter.
The South San Francisco, California-based company said it had a loss of 9 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 5 cents per share.
The company that makes equipment to control fluids posted revenue of $46.7 million in the period.
For the year, the company reported a loss of $138.9 million, or 52 cents per share. Revenue was reported as $174.4 million.
Standard BioTools expects full-year revenue in the range of $165 million to $175 million.
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