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Life Technologies Announces First Quarter 2013 Results

ants in SolicitationThermo Fisher and its directors and executive officers, and Life Technologies and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from the holders of Life Technologies common stock in respect of the proposed transaction. Information about the directors and executive officers of Thermo Fisher is set forth in its proxy statement for Thermo Fisher's 2013 Annual Meeting of stockholders, which was filed with the SEC on April 9, 2013. Information about the directors and executive officers of Life Technologies is set forth in the proxy statement for Life Technologies' 2013 Annual Meeting of stockholders, which was filed with the SEC on March 15, 2013. Investors may obtain additional information regarding the interest of such participants by reading the proxy statement regarding the acquisition (once available).


Investor and Financial ContactCarol Cox
Investor Relations
(760) 603-7208
ir@lifetech.comLIFE TECHNOLOGIES CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONSFor the three months ended March 31, 2013For the three months ended March 31, 2012(in thousands, except per share data)(unaudited)Revenues$
939,114Cost of revenues

326,014313,681Purchased intangibles amortization

72,38072,106Gross profit

564,118553,327Gross margin

58.6%58.9%Operating expenses:Selling, general and administrative

271,216253,398Research and development

83,54688,598Business consolidation costs

26,68914,266Total operating expenses

381,451356,262Operating income

182,667197,065Operating margin

19.0%21.0%Interest income

471764Interest expense


SOURCE Life Technologies Corporation
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