Biosite Incorporated

Proteomics-focused diagnostics company reports 14% increase in revenue

Published in Hospital and Nursing Home Week, November 17th, 2005

Biosite Incorporated (BSTE) reported results for the third quarter of 2005., with total revenues of $69.7 million, a 14% increase from $61.2 million in the comparable period of 2004.

The company also updated certain research and development milestones for 2006 aimed at expanding Biosite's portfolio of innovative diagnostic products.

In the third quarter of 2005, total revenues were $69.7 million, a 14% increase from $61.2 million in the comparable period of 2004. The company reported net income of $12.6 million for the third quarter, a 21% increase over the third quarter of 2004. Diluted earnings per share were $0.68, compared with $0.60 in the third...

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Source: Hospital and Nursing Home Week (2005-11-17)

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