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Beckman Coulter Announces First Quarter 2008 Results
Date:4/30/2008

ir market value inventory adjustment -- In connection with our

acquisition of the flow cytometry business of Dako A/S, we recorded a

$1.0 million charge related to the fair value of acquired inventory

sold in the first quarter.

BECKMAN COULTER, INC.

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

(in millions, except amounts per share and share data)

(unaudited)

Three Months Ended

March 31,

2008 2007

Product revenue $618.3 $512.4

Service revenue 112.2 101.2

Total revenue 730.5 613.6

Cost of goods sold 308.2 243.8

Cost of service 87.0 72.4

Total cost of sales 395.2 316.2

Gross profit 335.3 297.4

Operating costs and expenses

Selling, general and administrative 203.6 175.4

Research and development 62.7 57.8

Restructuring 0.7 6.9

Total operating costs and expenses 267.0 240.1

Operating income 68.3 57.3

Non-operating (income) expense

Interest income (2.6) (4.6)

Interest expense 9.0 12.4

Other, net 5.2 2.2

Total non-operating expe
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SOURCE Beckman Coulter, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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