Charles River Laboratories International, Inc.

Charles River Announces Third-Quarter 2009 Results

Published in Vaccine Weekly, November 18th, 2009

Charles River Laboratories International, Inc. (NYSE: CRL) reported its results for the third quarter of 2009. For the quarter, net sales were $297.5 million, a decline of 13.1% from $342.2 million in the third quarter of 2008, primarily driven by lower sales in the Preclinical Services (PCS) segment. Foreign currency translation reduced net sales by 1.8%.

On a GAAP basis, net income for the third quarter of 2009 was $37.3 million, or $0.57 per diluted share, compared to net income of $45.5 million, or $0.64 per diluted share, for the third quarter of 2008.

On a non-GAAP basis, net income was $42.6 million for the third quarter of 2009, compared to...

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Source: Vaccine Weekly (2009-11-18)

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