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Caliper Life Sciences Reports Third Quarter 2008 Results; Sharpens Growth Focus, Strengthens Balance Sheet and Reduces Costs

basis because

management expects the contractual arrangements underlying these

revenues will be renewed and that our investors will use this

adjustment as a basis for measuring our ongoing performance, although

there can be no assurance that such contractual arrangements will be


3) We exclude amortization of intangible assets from this measure because

we believe intangible asset amortization charges do not represent what

our management and our investors believe are the costs of developing,

producing, supporting and selling our products and the costs to support

our internal operating structure.

4) We exclude restructuring and severance costs from this measure because

they tend to occur as a result of specific events such as acquisitions,

divestitures, repositioning our business or other unusual events that

could make comparisons of long-range trends difficult for management or

investors and could distort performance measures involving our internal

investments and the costs to support our operating structure.




(in thousands)

September 30, December 31,

2008 2007

(unaudited) *


Current assets:

Cash, cash equivalents and marketable

securities $8,897 $18,955

Accounts receivable, net 27,260 30,248

Inventories 21,391 19,572

Other current assets

SOURCE Caliper Life Sciences, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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