Caliper Life Sciences, Inc.
Caliper Life Sciences Reports Fourth Quarter and Full Year 2008 Results
Published in Health Business Week, March 27th, 2009
Caliper Life Sciences, Inc. (NASDAQ:CALP), reported its fourth quarter and full year financial results for 2008. Fourth quarter revenues were $36.7 million, a decline of 8.8%, from $40.3 million in the same period in 2007. This represents an organic decline of 2.0% after excluding the effects of product line divestitures (4.4%) and unfavorable effects of foreign currency translation (2.4%) within the fourth quarter. Caliper's GAAP net loss for the fourth quarter was $46.3 million ($0.95 per share), which includes $45.3 million ($0.93 per share) of non-cash goodwill impairment and other restructuring charges. This compares to a net loss of $5.7 million ($0.12 per share) in the same quarter...
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Source: Health Business Week (2009-03-27)
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