Affymetrix beats Street

AFFX reported second quarter diluted EPS of $0.11, beating the consensus estimate of $0.03 and up 22% from EPS of $0.09 in the same period last year. Revenue increased 16% to $79.8 million from $68.6 million in the second quarter of 2003. Product and product-related revenues increased 19% to $75.2 million from $63.2 million in the second quarter of 2003, driven by array sales growth. ...