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Molecular Devices

Recent developments reported by Molecular Devices

Published in Health Business Week, December 22nd, 2006

Recent developments reported by Molecular Devices.

This trend article is an immediate alert from NewsRx to identify the most recent news developments at Molecular Devices.

Report 1: Molecular Devices Corporation (MDCC) announced revenues for the quarter ended September 30, 2006 of $45.5 million, or an increase of 1% compared to the same period last year.

On a GAAP basis, operating income was $4.6 million in the third quarter of 2006. GAAP operating income for the third quarter of 2006 included noncash stock compensation expense of $1.2 million associated with the company's adoption of Statement of Financial Accounting Standards...

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