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Beckman Coulter Announces Third Quarter 2007 Results
Date:10/30/2007
ption. These statements are based on information available at the time they are made and are subject to a number of risks and uncertainties. Actual results could differ materially from those anticipated by these forward-looking statements as a result of a number of factors, some of which may be beyond the company's control. These and other risk factors that affect the company are discussed in Part I, Item 1A (Risk Factors) of the Company's report to the SEC on Form 10-K filed with the SEC on February 26, 2007 and its report to the SEC on Form 10-Q filed with the SEC on August 7, 2007.
BECKMAN COULTER, INC.
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
(in millions, except amounts per share and share data)
(unaudited)
Three Months Ended Nine Months Ended
September 30, September 30,
2007 2006 2007 2006
Product revenue $560.5 $531.2 $1,657.6 $1,522.4
Service revenue 108.5 100.0 314.7 294.1
Total revenue 669.0 631.2 1,972.3 1,816.5
Cost of goods sold 279.1 261.9 815.1 741.0
Cost of service 78.0 71.6 231.5 212.1
Total cost of sales 357.1 333.5 1,046.6 953.1
Gross profit 311.9 297.7 925.7 863.4
Operating costs and expenses:
Selling, general
and administrative 181.5 175.0 537.9 515.0
Research and development 59.9 80.9 176.5 207.3
Restructuring 3.0 4.4 12.7 11.7
Asset impairment charges - - 0.8
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| SOURCE Beckman Coulter, Inc. Copyright©2007 PR Newswire. All rights reserved |
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