Navigation Links
Life Technologies Announces Second Quarter 2013 Results
Date:7/31/2013

82,210Summary of Reconciliation between GAAP and Non-GAAP Net IncomeFor the six months ended June 30, 2013, Non-GAAP earnings resulted in total revenue of $1.9 billion, gross profit of $1.3 billion with gross margin of 66.1%, operating profit of $541.9 million with operating margin of 28.4%, and an income tax provision of $123.2 million with the Non-GAAP effective tax rate of 25.6% with the above adjustments.For the six months ended June 30, 2012, Non-GAAP earnings resulted in total revenue of $1.9 billion, gross profit of $1.2 billion with gross margin of 66.0%, operating profit of $554.5 million with operating margin of 29.4%, and an income tax provision of $137.9 million with the Non-GAAP effective tax rate of 28.0% with the above adjustments.Notes(1)

Adjust for historical portion of royalty licensing settlement of $2.8 million, and add back purchased deferred revenue of $0.8 million for the six months ended June 30, 2013.  Add back purchased deferred revenue of $0.6 million and adjust for revenue related to a discontinued product of $0.5 million for the six months ended June 30, 2012.(2)

Add back amortization of purchased intangibles of $143.2 million and amortization of a fair value inventory write-up of $1.5 million, offset by contingent consideration revaluation of $3.5 million for the three months ended June 30, 2013.  Add back amortization of purchased intangibles of $148.1 million and adjust for $0.2 million related to the historical portion of the settlement of a licensing dispute for the six months ended June 30, 2012. (3)

Add back contingent consideration revaluation of $1.0 million and depreciation of purchase accounting property, plant, and equipment revaluation of $0.8 million for the six months ended June 30, 2013. Add back depreciation of purchase accounting property, plant, and equipment revaluation of $1.8 million and adjust for compensation cost of $0.9 million related to
'/>"/>

SOURCE Life Technologies Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related biology technology :

1. DryLet Technologies Announces the Rebranding and Launch of Patented ManureMagic™
2. Life Technologies Signs Five-Year Agreement with the FDA
3. Biomarkers - Technologies, Markets and Companies - Updated 2012 Report
4. Todays Research: Life Technologies, Opko Health, Medicines, and DaVita
5. Molecular Diagnostics: Technologies, Markets and Companies - 2013 Report
6. Life Technologies Expands CEERAM Food Safety Range to Global Market
7. Life Technologies Announces Filing of Definitive Proxy Statement
8. Novel study using new technologies outlines importance of California condor social groups
9. DryLet Technologies Announces Website Launch and New Logo Design for Patented MB Bioremediation
10. BioSpecifics Technologies Corp. Announces Partnership between Auxilium and Swedish Orphan Biovitrum AB for XIAPEX in Eurasia and Africa
11. Cell Therapy - Technologies, Markets and Companies - Updated 2013 with New Companies and Profiles
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2014)... Automotive, a group of car dealerships headquartered in ... Center and offering free oil change coupons for participation in ... 18 at the Bill Jacobs Cadillac and Chevrolet location from ... )  The Bill Jacobs Auto annual blood ...
(Date:1/15/2014)... (PRWEB) January 15, 2014 Cynvenio, a ... management through the genomic analysis of tumor cells in ... Finder™, a web-based cancer decision support application powered by ... with Cynvenio’s ClearID™ genomic test, Therapy Finder will provide ...
(Date:1/15/2014)... , January 15, 2014 A study has ... on the Formula 1 track could help to tackle the ... Technologies (MAT), Stowhealth (a GP surgery based in Stowmarket) and ... provider Simplyhealth. Telemetry technology, which is inspired by ...
(Date:1/15/2014)... January 15, 2014 DTS Language Services, ... Online Web Portal for Life Science organizations who need document ... the subject matter of their documents in advance with a ... reduce time-to-delivery of translations, often a critical factor in clinical ...
Breaking Biology Technology:Join the Bill Jacobs Auto blood drive and receive a free oil change 2Cynvenio Offers New Breast Cancer Therapy Finder Application for its ClearID Breast Cancer Genomic Test 2Cynvenio Offers New Breast Cancer Therapy Finder Application for its ClearID Breast Cancer Genomic Test 3Formula 1 Technology Tackles Obesity in Unique Healthcare Partnership 2Formula 1 Technology Tackles Obesity in Unique Healthcare Partnership 3Formula 1 Technology Tackles Obesity in Unique Healthcare Partnership 4DTS Improves Efficiency for Life Science Document Translations 2
... tech arena: even when the economy is down, people keep ... ventures (whether self-funded, friends-and-family backed or fueled some other creative ... jobs. They create lots of jobs. In fact, small businesses ... shows no sign of slowing. , ,It can be appealing ...
... Wis. Having judged last years a success, ... it has opened the second annual Wisconsin Governor's ... plans. , ,Interested businesses will submit 250-word business proposals ... information technology, and business services. The proposals will be ...
... children, December is full of excitement and anticipation of what may ... as I screen the final onslaught of companies vying for a ... wait until February to unwrap the selected 70 or so companies ... along the way that just wont wait until the conference ...
Cached Biology Technology:How to duck the 3 most common entrepreneurial hiring traps 2How to duck the 3 most common entrepreneurial hiring traps 3How to duck the 3 most common entrepreneurial hiring traps 4Governors business-plan competition starts another round 2Governors business-plan competition starts another round 3An early Christmas gift 2
(Date:4/24/2014)... largest study of animal intelligence to-date finds that animals with ... this week in the journal Proceedings of the National ... long history of research aimed at understanding the animal mind. ... make and use tools, read social cues, or even understand ... studies of animal intelligence have focused on only one or ...
(Date:4/24/2014)... The alligator snapping turtle is the largest river turtle ... pounds and living almost a century. Now researchers from ... it is not one species but three. , ... deep evolutionary divisions in this ancient reptile. , Once ... the main ingredient of Campbell,s Turtle Soup in the ...
(Date:4/23/2014)... have added "playwright" to their resumes in an effort ... onslaught of ethical issues as genomic science transitions to ... first sequenced. , Until now the plays of ... performed for, and by, their peers and others in ... classrooms. With Oxford University Press, publication of the ...
Breaking Biology News(10 mins):Animals with bigger brains, broader diets have better self control 2Animals with bigger brains, broader diets have better self control 3Two new US turtle species described 2Two new US turtle species described 3Bioethicists use theatrical narratives to bridge the gap between society and science 2Bioethicists use theatrical narratives to bridge the gap between society and science 3
... Columbia study has found traces of the bacteria listeria in ... food microbiologist Kevin Allen tested a total of 40 ready-to-eat ... seven large chain stores and 10 small retailers in Metro ... fish jerky. The findings published in a ...
... could do more than just save people the trouble ... researchers have found that the "universal" vaccine could for ... of flu by limiting the influenza virus, ability to ... named for their effectiveness against several flu strains ...
... Institute (IVI), an international organization based in Seoul devoted ... for the developing world, reached a milestone in its ... shigellosis or bloody diarrhea), a deadly disease that affects ... the bacterial pathogen Shigella , is a major ...
Cached Biology News:Traces of listeria found in Vancouver ready-to-eat fish products: UBC study 2'Universal' vaccines could finally allow for wide-scale flu prevention 2'Universal' vaccines could finally allow for wide-scale flu prevention 3'Universal' vaccines could finally allow for wide-scale flu prevention 4'Universal' vaccines could finally allow for wide-scale flu prevention 5IVI granted 2 US patents on dysentery vaccine inventions 2