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

">www.lifetechnologies.com.

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Investor and Financial Contact:

Carol Cox
Agnes Lee
Investor Relations
(760) 603-7208
ir@lifetech.com

 LIFE TECHNOLOGIES CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONSFor the three monthsFor the three months(in thousands, except per share data)ended September 30, 2013ended September 30, 2012(unaudited)Revenues$
935,090$
911,183Cost of revenues

319,546361,571Purchased intangibles amortization

70,64171,126Gross profit

544,903478,486Gross margin58.3%52.5%Operating expenses:Selling, general and administrative

268,839270,565Research and development

82,97884,811Business consolidation costs

26,92210,571Total operating expenses

378,739365,947Operating income

166,164112,539Operating margin

17.8%12.4%Interest income

400436Interest expense

(27,092)(29,291)Other expense, net

(5,182)(2,781)Total other expense, net

(31,874)(31,636)Income from operations before provision for income taxes134,29080,903Income tax provision

(16,310)(15,301)Net income

117,98065,602Net loss attributable to non-controlling interests

266255Net income attributable to controlling interest$
8,246$
5,857Effective tax rate 

12.1%18.9%Numerator for diluted earnings  per share$
8,246$
5,857Earnings per common share:Basic earnings per share attributable to controlling interest$
.68$
.38Diluted earnings per share attributable to controlling interest$
.67$
.37Weighted average shares used in per share calculation:Basic172,892174,044Diluted175,901177,258 LIFE TECHNOLOGIES CORPORATIONITEMIZED RECONCI
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