Navigation Links
Life Technologies Announces Third Quarter 2013 Results
Date:11/5/2013

Analysis of Third Quarter 2013 Results

  • Third quarter revenue increased by 3 percent over the prior year, representing an increase of approximately 4 percent excluding the impact of currency.  Revenue growth for the quarter was driven by increases in the company's Research Consumables and Bioproduction businesses, partially offset by declines in Genetic Analysis.
  • Gross margin in the third quarter was 65.7 percent, approximately 10 basis points higher than the same period of the prior year.  Gross margin was driven by manufacturing productivity and higher realized price, partially offset by a decline in royalties.
  • Operating margin was 28.1 percent in the third quarter, approximately 10 basis points higher than in the same period of the prior year, primarily due to the increase in revenue and gross margin, partially offset by increases in expenses related to acquisitions and planned investments in Ion Torrent.
  • The Company's tax rate was 22.9 percent for the third quarter, which was lower than the third quarter of last year due to the reinstatement of the U.S. federal research tax credit and tax credits on foreign repatriation.
  • Third quarter EPS increased 10 percent to $1.02.
  • Diluted weighted shares outstanding were 175.9 million in the third quarter, a decrease of 1.4 million shares over the prior year.  The decrease was a result of the share repurchase program, partially offset by shares issued for employee stock plans.
  • Cash flow from operating activities for the third quarter was $250 million.  Third quarter capital expenditures were $25 million, resulting in free cash flow of $225 million.  The company ended the quarter with $368 million in cash and short-term investments.
  • Business Group and Regional Highlights

  • Research Consumables revenue was $404 million in the third quarter, an increase of 5 percent compared to the
    '/>"/>

  • 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

    Related biology technology :

    1. Palatin Technologies, Inc. to Report Fiscal Year 2012 First Quarter Results; Teleconference and Webcast to be held on November 15, 2011
    2. UV Flu Technologies Expands Its International Footprint
    3. Palatin Technologies, Inc. Reports First Quarter Fiscal Year 2012 Results; Teleconference and Webcast to be held on November 15, 2011
    4. OrthoAccel® Technologies, Inc. Announces Definitive Distribution Agreement in Italy
    5. Hologic to Showcase 3D Mammography (Breast Tomosynthesis) and Other Advanced Womens Imaging Technologies at RSNA 2011, the Largest Radiology Show in the World
    6. Modern Mobility Aids, Inc. Secures Financing to Close Acquisition Agreement of LumiGene Technologies
    7. Senesco Technologies, Inc. to Webcast, Live, at RetailInvestorConferences.com on December 1st
    8. Animal Biotechnology - Technologies, Markets and Companies
    9. Gene Therapy - Technologies, Markets and Companies
    10. Biomarkers - Technologies, Markets and Companies
    11. Palatin Technologies to Present at Windhovers Therapeutic Area Partnerships Conference
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:7/31/2014)... (PRWEB) July 31, 2014 North Shore Towers, ... City, partnered with GI Energy, one of the nation’s leading ... $13 million upgrade of its 43-year-old CHP system. The original ... in an effort to extend the life of the plant, ... and associated electrical and heat recovery equipment, while maintaining continuous ...
    (Date:7/31/2014)... 2014  Smith & Nephew (LSE:SN, NYSE: ... today announced its entry into the forefoot market ... Repair System. Comprised of three separate repair options, ... ligament repair and reconstruction, a metatarsal osteotomy guide, ... (PIP) fusion, also known as hammer toe correction. ...
    (Date:7/31/2014)... July 31, 2014 Although RNA-Sequencing ... the first transcriptome-wide analyses appearing around 2008, RNA-Sequencing ... for RNA measurement. In the last several years, ... specific, work with smaller input amounts, process degraded ... blood samples). On the bioinformatics side, there have ...
    (Date:7/31/2014)... Boston, MA (PRWEB) July 31, 2014 ... ) finds itself flush with innovative adult stem cell ... patents and has three additional patent applications ... Office. , The patented inventions address two of the ... and regenerative medicine. Adult stem cells are difficult ...
    Breaking Biology Technology:North Shore Towers Partners with GI Energy to Install Turnkey Natural Gas-Fired Combined Heat and Power Plant 2Smith & Nephew scores a HAT-TRICK with its entry into the high-growth hammer toe repair market 2Smith & Nephew scores a HAT-TRICK with its entry into the high-growth hammer toe repair market 3Smith & Nephew scores a HAT-TRICK with its entry into the high-growth hammer toe repair market 4The Evolution of RNA-Sequencing, Upcoming Live Webinar August 22 hosted by Xtalks 2The Adult Stem Cell Technology Center, LLC Launches A Marketing Campaign To License Adult Stem Cell Biotechnologies 2The Adult Stem Cell Technology Center, LLC Launches A Marketing Campaign To License Adult Stem Cell Biotechnologies 3
    ... Advanstar|CBI recently announced the full agenda for their ... takes place March 6-7, 2012 in Baltimore, MD. ... Lilly, Genentech, AstraZeneca, Shire Human Genetic Therapies and many ... Meds recently interviewed PAP,s Senior Program Manager, Sharon Langan. ...
    ... Jan. 9, 2012   Veracyte, Inc ., a ... molecular cytology, today announced that Palmetto GBA, a ... coverage for the company,s Afirma Gene Expression Classifier ... that Veracyte,s genomic test is now accessible to ...
    ... Chembio Diagnostics, Inc. (OTC.PK: CEMI and OTC.QB: ... diagnostic tests, today announced that Lawrence A. Siebert, President ... Showcase in San Francisco at approximately 5:30 pm Eastern ... 2012.   The conference will be simultaneously ...
    Cached Biology Technology:Veracyte Announces Medicare Coverage for Its Afirma® Gene Expression Classifier for Improved Thyroid Nodule Diagnosis 2Veracyte Announces Medicare Coverage for Its Afirma® Gene Expression Classifier for Improved Thyroid Nodule Diagnosis 3Chembio Presenting at Biotech Conference 2Chembio Presenting at Biotech Conference 3
    (Date:7/31/2014)... German . , ... a sponge that soaks up liquids. Hence, these highly ... gases. However, loading of many MOFs is inhibited by ... report in Nature Communications that the barriers ... can be prevented by water-free synthesis and storing strategies. ...
    (Date:7/31/2014)... 2014 -- Do people make a rational choice to ... that way? Is it a matter of genetics?, Two ... colleague from Rice University say that neither conscious decision-making ... left while others lean right. , A growing body ... are at the core of political differences, the researchers ...
    (Date:7/31/2014)... the photovoltaic effect in 1839, humankind has sought to ... its own purposes. In a new research report published ... FASEB Journal , scientists may have uncovered a ... focusing on a naturally occurring combination of lipids that ... over time and across speciessuggests that this specific natural ...
    Breaking Biology News(10 mins):Free pores for molecule transport 2Scientists find growing consensus: Political attitudes derive from body and mind 2Scientists shine bright new light on how living things capture energy from the sun 2
    ... as fit as the people of ancient Athens, despite all ... by University of Leeds (UK) exercise physiologist, Dr Harry Rossiter. ... rowing a reconstruction of an Athenian trireme, a 37m long ... portable metabolic analysers, he measured the energy consumption of a ...
    ... tiny piece of genetic code apparently goes where no bit ... its own internal code. , A report on the renegade ... be published Jan. 5 in Science. , MicroRNAs, already ... gum up larger strands of RNA that carry instructions for ...
    ... predict the color of plants on planets in other solar ... live on extra-solar planets, according to scientists whose two scientific ... The scientists studied light absorbed and reflected by organisms on ... the light given off by planets circling distant stars, they ...
    Cached Biology News:Fitness has fallen since the days of Ancient Greece 2Renegade RNA -- Clues to cancer and normal growth 2NASA predicts nongreen plants on other planets 2NASA predicts nongreen plants on other planets 3
    Cultrex 3D Culture Matrix Laminin I....
    mitochondrial proteins (human heart) for 2-D gel electrophoresis *5 mg/mL*...
    ...
    ... GeneMaths XT is undoubtedly the most ... Its advanced concept of layers and subsets ... different layers for different data outputs, for ... values, etc., as well as different subsets ...
    Biology Products: