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Beckman Coulter Announces First Quarter 2009 Results
Date:4/28/2009

in accordance with GAAP. We use these non-GAAP measures to supplement net earnings and other corresponding measures on a basis prepared in conformance with GAAP. These non-GAAP financial measures reflect additional ways of viewing aspects of our operations that when viewed with our GAAP results provide a more complete understanding of factors and trends affecting our business. However, investors should understand that the excluded items are actual income and expenses that may impact the cash available to us for other uses. We strongly encourage investors to consider both net earnings and cash flows determined under GAAP as compared to the non-GAAP measures presented and to perform their own analysis, as appropriate.

Reconciling Items to Non-GAAP Financial Measures

The non-GAAP measures described above exclude the following items:

        a) Restructuring and acquisition related costs - For the quarter
           ended March 31, 2009 and 2008, as part of our supply chain
           improvement initiative and Orange County consolidation project,
           we recorded restructuring charges of $6.7 million and $0.7 million
           (including a net gain of $2.6 million gain on sale of building and
           land in Hialeah, Florida), respectively, for severance,
           relocation, asset impairment charges and other duplicative exit
           costs.  During the first quarter of 2009, we announced additional
           exit and restructuring activities resulting in additional
           severance charges of $9.9 million. Furthermore, on February 27,
           2009, we announced that we had signed a definitive agreement to
           buy the lab-based diagnostic business of Olympus Corporation,
           which we expect to close in the third quarter of 2009.  In
           connection with this acquisition, we incurred direct acquisition
           related expenses of $9.8 million during the 
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SOURCE Beckman Coulter, Inc.
Copyright©2009 PR Newswire.
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Related biology technology :

1. Beckman Coulter Announces First Quarter 2009 Earnings to be Released on Tuesday, April 28, 2009, After Market Closes
2. Beckman Coulter to Webcast Annual Stockholders Meeting
3. Beckman Coulter to Acquire Lab-Based Diagnostics Business From Olympus Corporation
4. Beckman Coulter Announces Fourth Quarter and Full Year 2008 Results; Earnings Outlook Achieved on Strong Fundamentals
5. Beckman Coulter Declares Quarterly Dividend Payout of $0.17 Per Share
6. Beckman Coulter Announces Fourth Quarter 2008 Earnings to be Released on Monday, February 9, 2009, After Market Closes
7. Beckman Coulter to Present at the 27th Annual J.P. Morgan Healthcare Conference
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10. Beckman Coulter to Present at the Lazard Capital Markets 5th Annual Healthcare Conference
11. Beckman Coulter Signs Agreements with Adventist Health; Broad Product Offering Enhances Delivery of Quality Patient Care
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