12th Sep 2022 12:36
Abcam PLC - Cambridge-based life science research software firm - Posts lower profit for six months that ended June 30 as expenses increase. Pretax profit falls 20% to GBP7.4 million from GBP9.2 million a year prior. Revenue climbs 23% to GBP185.2 million from GBP150.2 million. Selling, general and administrative expenses rise by 28% to GBP137.3 million from GBP107.2 million. Research and development costs increase 72% to GBP19.1 million from GBP11.1 million. Read More