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ARTICLE | Financial News

Celera off after preliminary revenues, restructuring

July 24, 2009 12:33 AM UTC

Celera Corp. (NASDAQ:CRA) fell $1.91 (25%) to $5.83 on Thursday after reporting preliminary 2Q09 revenues late Wednesday that came in below the Street's estimate. The company expects revenues of $40-$42 million, down from $42.8 million in the prior year's quarter. The Street was expecting $47.5 million. ...