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

f 1 percent compared to the prior year.
Excluding the impact of currency, revenue for the business group increased 2 percent primarily due to strong sales from the Company's fluorescent imaging, stem cell and sample prep products.
  • Genetic Analysis revenue was $341 million in the second quarter, a decrease of 4 percent over the same period last year. Excluding the impact of currency, revenue decreased 2 percent. Results for the quarter were primarily driven by an increase in Ion Torrent sales, offset by lower CE research sales, primarily due to large customer orders in the second quarter of the prior year and an expected decline in SOLiD.
  • Applied Sciences revenue was $198 million in the second quarter, an increase of 2 percent over the prior year.  Excluding the impact of currency, revenue increased 4 percent primarily as a result of licensing agreements, partially offset by a decline in the Company's Bioproduction business due to the timing of customer orders. 
  • Regional revenue growth rates excluding currency for the second quarter, compared to the same quarter of the prior year, were as follows: the Americas declined 1 percent, Europe was flat, Asia Pacific grew 4 percent, and Japan grew 6 percent.  
  • Outlook
    Given the announcement in April that Life Technologies and Thermo Fisher have entered into a definitive merger agreement under which Thermo Fisher will acquire all of the outstanding shares of Life Technologies for $76.00 per share in cash, the Company is no longer providing quarterly guidance.  The Company will continue to provide commentary regarding the impact that fluctuations in currency rates could have on results. 

    Based on June 30, 2013 rates, currency is expected to have a negative impact of approximately $75 million on revenue and $0.17 on non-GAAP EPS for the full year.  This compares to a negative impact of $62 million on revenue and $0.15 on non-GAAP EPS for t
    '/>"/>

    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:2/26/2015)... , Feb. 26, 2015 /PRNewswire/ - SQI Diagnostics Inc. ... life sciences company that develops and commercializes proprietary technologies ... financial and operational results for the fiscal first quarter ... release are in Canadian dollars (CAD), unless otherwise stated. ... to win new business from our existing customers and ...
    (Date:2/26/2015)... February 26, 2015 The Movement for ... to support life extension technologies and awareness. The event ... Coordinated Time, on March 21st 2015, in a live ... , Eric Schulke, Founder of MILE, says, “Our lives ... urgency. The Movement for Indefinite Life Extension is raising ...
    (Date:2/26/2015)... PA (PRWEB) February 26, 2015 ... 9 -12, at the Ernest N. Morial Convention ... exhibitors (count as of February 19, 2015) displaying ... in industrial, academic, and government labs. The Exposition ... as, but not limited to, analytical chemistry; drug ...
    (Date:2/26/2015)... Feb. 26, 2015  Dyadic International, Inc. ("Dyadic") ... and proprietary technologies are used to develop, manufacture ... bioenergy, bio-based chemical, biopharmaceutical and industrial enzyme industries, ... results for year ending December 31, 2014 after ... will host a conference call that day at ...
    Breaking Biology Technology:SQI Diagnostics Reports First Quarter Financial Results 2SQI Diagnostics Reports First Quarter Financial Results 3SQI Diagnostics Reports First Quarter Financial Results 4SQI Diagnostics Reports First Quarter Financial Results 5SQI Diagnostics Reports First Quarter Financial Results 6Indefinite Life Extension Activists Organize Online Demonstration 2Indefinite Life Extension Activists Organize Online Demonstration 3Pittcon 2015 Announces Exposition Highlights 2Dyadic International To Announce Fourth Quarter 2014 Financial Results And Host Conference Call On Wednesday, March 11, 2015 2Dyadic International To Announce Fourth Quarter 2014 Financial Results And Host Conference Call On Wednesday, March 11, 2015 3
    ... Corporation, a leading,developer of targeted, systemic RNA interference ... the final tranche of its Series B,financing. Astellas ... investor, Lilly Ventures, also participating. The addition ... to $21.4 million. Intradigm will,use Series B ...
    ... Calif., Jan. 7 Abaxis, Inc. (Nasdaq: ... point-of-care blood analysis instruments for both the medical ... entered into a license agreement for co-exclusive worldwide ... in the professional marketplace for certain technologies pertaining ...
    ... News briefs concerning economic,and business growth in the Tampa Bay ... Draper Labs Acquires Manufacturing Site in Tampa Bay , ... a 41,000-square-foot building,in St. Petersburg recently where it plans to ... 16th St. N., should be completed,in March 2009. The ...
    Cached Biology Technology:Intradigm Closes Final Tranche of $21.4 Million Series B Financing 2Intradigm Closes Final Tranche of $21.4 Million Series B Financing 3ABAXIS Announces Worldwide Animal Health Licensing Agreement for Rapid Test Technology 2ABAXIS Announces Worldwide Animal Health Licensing Agreement for Rapid Test Technology 3Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs) 2Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs) 3Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs) 4
    (Date:2/9/2015)...  Lintec of America recently announced an exclusive license ... macrostructures, including sheets, yarns and ribbons, developed at the ... the vast industrial resources of the global Lintec Group, ... of America is forming the Nano-Science and Technology Center ... on scaling up the manufacturing and commercialization of nano ...
    (Date:2/5/2015)... 2015  Marken is starting its 35 th ... a new marketing campaign to solidify its place as ... campaign focuses on First as a primary ... The first headline in the series, ... its client,s priorities. Marken recognizes the need to protect ...
    (Date:2/5/2015)... OXFORD, Conn. , Jan. 26, 2015 NXT-ID, ... or the "Company"), a biometric authentication company focused on ... a new corporate website ( http://www.nxt-id.com/ ) as part ... Wocket™ smart wallet. The Company launched its new consumer ... Gino Pereira , CEO of NXT-ID said, "Our ...
    Breaking Biology News(10 mins):Lintec announces exclusive license to commercialize innovative carbon nanotube technology from the University of Texas at Dallas 2Lintec announces exclusive license to commercialize innovative carbon nanotube technology from the University of Texas at Dallas 3Lintec announces exclusive license to commercialize innovative carbon nanotube technology from the University of Texas at Dallas 4Marken Launches New Patient-Centric Campaign 2NXT-ID, Inc. Launches New Corporate Website As Part Of Ongoing 2015 Branding Initiatives For Wocket Smart Wallet 2NXT-ID, Inc. Launches New Corporate Website As Part Of Ongoing 2015 Branding Initiatives For Wocket Smart Wallet 3
    ... Energy Secretary Steven Chu today announced the largest ever ... research projects - using computer simulations to perform virtual ... impractical in the natural world. Utilizing two world-leading supercomputers ... laptops, the research could, for example, help speed the ...
    ... Although REDD will probably not be officially accepted ... are already under way in the tropical region. ... will combine lower resolution but full area coverage optical ... high resolution satellite data and ground data. The very ...
    ... epidemic and on the rise in young adults. Using ... Physical Activity and Weight Management Research Center will offer ... study, one of seven clinical trials to be funded ... Lung, and Blood Institute. NIH,s Early Adult Reduction ...
    Cached Biology News:Could 135,000 laptops help solve the energy challenge? 2Could 135,000 laptops help solve the energy challenge? 3Could 135,000 laptops help solve the energy challenge? 4Pitt researcher receives NIH funding for technology-enhanced weight-loss program 2Pitt researcher receives NIH funding for technology-enhanced weight-loss program 3
    ... Coon's Modification of Ham's F-12 was developed ... by viral fusion. The modification consists of ... including ascorbic acid. The salt concentrations have ... 0.863 mg zinc sulfate per liter, which ...
    ... solution is an isotonic, balanced salt solution. It ... permits the storage of whole blood at refrigerator ... equal volume of blood is collected into a ... mixed. The solution is placed in a refrigerator ...
    ... RNA OligoMix or individual RNA sequences from ... for custom small RNAs from LC Sciences. These ... up to millions) of DESIGNED sequences delivered in ... microtubes, each containing a single verified RNA sequence. ...
    ... Shimadzus GCMS-QP2010s Gas Chromatograph/Mass Spectrometer, ... of the GCMS-QP2010 Plus, offers high ... with an excellent performance-to-cost ratio. Like ... patented constant linear velocity for optimum ...
    Biology Products: