Health & Medicine Week
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Health & Medicine Week
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Biotechnology Business
Applied Biosystems Reports Fiscal 2008 First Quarter Results
November 5th, 2007
Applied Biosystems Group (NYSE: ABI), an Applera Corporation business, reported net revenues of $501.2 million for the first quarter of fiscal 2008, an increase of approximately 5% over the prior year quarter revenues of $476.3 million. The net effect of foreign currency on net revenues was a favorable impact of approximately 2% compared to the prior year quarter. For the first quarter of fiscal 2008, the Group reported net income of $60.9 million, or $0.32 per share, compared to a net loss of $58.7 million, or $0.32 per share, for the prior year quarter. Results in both periods were affected by the specified items described in the reconciliation below. The net loss in...
Source: Health & Medicine Week (2007-11-05)
|
