Navigation Links
Martek Announces Second Quarter 2008 Financial Results
Date:6/4/2008

/p>

months than the non-enriched milk group. Martek's life'sDHA(TM) was

used in this study.

Management Outlook

As previously discussed by the Company, revenue for the third quarter of fiscal 2008 is expected to be lower than that for the second quarter of fiscal 2008 due to the production timing and related product ordering patterns of several large customers. Accordingly, Martek expects total revenues for the third quarter of fiscal 2008 to be between $85 million and $88 million. Third quarter infant formula revenue is projected to be between $71 million and $73 million; third quarter non-infant formula nutritional revenue is projected to be between $9 million and $10 million and third quarter contract manufacturing revenue is projected to be between $3.5 million and $4 million. Net income for the third quarter is projected to be between $7.6 million and $8.3 million, and diluted earnings per share are projected to be between $0.23 and $0.25.

Third quarter gross margin is expected to be approximately 41% with some improvement expected in the fourth quarter.

For the full fiscal year 2008, the Company expects revenues to be between $344 million and $350 million, a projected increase over fiscal 2007 of between 12% and 14%, with growth coming from all major product markets, including infant formula revenue where growth from the prior year is expected to be between 9% and 11%, slightly higher than previously estimated. Net income for the full fiscal year 2008 is projected to be between $33.6 million and $35.0 million, and diluted earnings per share are projected to be between $1.01 and $1.05.

Investor Conference Call Webcast

Martek will host a conference call and Webcast for investors to review its second quarter results and fiscal 2008 outlook at 4:45 p.m. Eastern Time on Wednesday, June 4, 2008. Access to the live audio Webcast is available through Martek's website athttp://investors.martek.com. The webcas
'/>"/>

SOURCE Martek Biosciences Corporation
Copyright©2008 PR Newswire.
All rights reserved

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

Related biology technology :

1. Martek to Announce Third Quarter 2007 Results on September 5, 2007
2. Martek to Present at Upcoming UBS Conference
3. Martek Signs Multi-Year Worldwide Sole Source Supply Agreement with Abbott
4. Martek Announces Settlement of OmegaTech Milestone Litigation
5. Martek to Obtain Permanent Injunction Against Lonza in U.S. Patent Infringement Suit; Jury Verdict on Infringement of Two of Three Patents Upheld by Judge
6. European Patent Office Upholds Martek European DHA Food Patent; Scope of Original Claims Narrowed
7. Martek to Present at Upcoming ThinkEquity Partners Conference
8. Martek Announces Fourth Quarter and FY 2007 Financial Results
9. Martek Signs DHA/ARA License and Supply Agreement With IlDong Foodis for Infant Formula in South Korea
10. Leading DHA Expert and Former NIH Researcher, Dr. Norman Salem, Jr., to Join Martek as Chief Scientific Officer
11. Challenge Spreadable Butter Now Features Marteks lifesDHA(TM)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/14/2014)... 2014 EquitiesIQ, a leading informational ... (OTCQB: ALQA). Alliqua is an emerging biomedical company ... serve the wound care market. , Free report ... Alliqua was restructured with a seasoned management team ... to become a leading provider of wound care ...
(Date:1/14/2014)... January 14, 2014 iLab Solutions, the ... Detwiler as the new Director of Product Strategy. In ... clients as well as iLab sub-teams to guide in ... be to ensure that iLab provides the maximum possible ... advanced, user-friendly, and high-impact solution in the world. ...
(Date:1/14/2014)... 14, 2014 Global Record Systems, ... information technology solutions for patients, physicians, the biopharmaceutical ... announced today the signing of a three-year Research ... Drug Administration (FDA). This initiative is designed ... patient safety, clinical outcomes, and medication adherence. , ...
(Date:1/14/2014)... 14, 2014 Kerr Corporation, a leading manufacturer ... additional how-to information about dual arch impressions on its dental ... Arch Impressions,” the blog entry serves up a list of ... a step-by-step demonstration by Dr. David Little as he crafts ... Take 1 Advanced Rigid as the dual arch dental ...
Breaking Biology Technology:EquitiesIQ Initiates Coverage of Alliqua, Inc. 2EquitiesIQ Initiates Coverage of Alliqua, Inc. 3iLab Solutions Announces Michelle Detwiler as the New Director of Product Strategy 2Global Record Systems Announces Research Collaboration Agreement with FDA to Create a Novel “Big Data” Paradigm for Collection of Patient Safety and Outcomes Information 2
... Perceptive Informatics (Perceptive), the industry,s leading ... International Corporation (Nasdaq: PRXL ), today ... with 10 million calls placed through its ClinPhone ... seven years in support of clinical trials for ...
... Expanded IIIP Innovation Confidence Index , ... San Francisco, CA (Vocus) January ... by the drop in consumer confidence last year, according to the ... region of the world and released publicly today. , , , ...
... Enables Expanded Biologics CapabilitiesST. LOUIS, Jan. 29 ... SAFC(R), a member of the Sigma-Aldrich(R) group ... that it has commenced operations at its 7,000 ... CA. Located adjacent to the Company,s existing flagship ...
Cached Biology Technology:Perceptive Informatics Reaches Key Milestone Marking 10 Million IVRS Interactions In Support of Clinical Trials 2Perceptive Informatics Reaches Key Milestone Marking 10 Million IVRS Interactions In Support of Clinical Trials 3Perceptive Informatics Reaches Key Milestone Marking 10 Million IVRS Interactions In Support of Clinical Trials 4Perceptive Informatics Reaches Key Milestone Marking 10 Million IVRS Interactions In Support of Clinical Trials 5Global Confidence in Innovation Holds Despite Economy 2Global Confidence in Innovation Holds Despite Economy 3Global Confidence in Innovation Holds Despite Economy 4SAFC Pharma Augments Assay Development Capabilities 2SAFC Pharma Augments Assay Development Capabilities 3SAFC Pharma Augments Assay Development Capabilities 4
(Date:4/15/2014)... as 2020 how high sea levels will rise into ... including Florida International University scientist Rene Price. , Price ... Florida Coastal Everglades Long-Term Ecological Research (LTER) site, one ... coral reefs to deserts, mountains to salt marshes around ... is one of the most certain consequences of climate ...
(Date:4/15/2014)... Diana Lados, associate professor of mechanical ... founding director of the university,s Integrative Materials ... career achievement awards from leading engineering societies. ... SAE International, a global association of more ... in the automotive, aerospace, and commercial vehicle ...
(Date:4/15/2014)... in visualizing the movement within plants of a ... drought. The achievement will allow researchers to conduct ... plants respond to drought and other environmental stresses ... carbon dioxide, or CO2, concentration., A paper describing ... of the scientific journal eLife and ...
Breaking Biology News(10 mins):Long-term predictions for Miami sea level rise could be available relatively soon 2WPI's Diana Lados honored by SAE International and Minerals, Metals, and Materials Society 2WPI's Diana Lados honored by SAE International and Minerals, Metals, and Materials Society 3WPI's Diana Lados honored by SAE International and Minerals, Metals, and Materials Society 4WPI's Diana Lados honored by SAE International and Minerals, Metals, and Materials Society 5Biologists develop nanosensors to visualize movements and distribution of plant hormone 2
... of species of woody vines that University of WisconsinMilwaukee ecologist ... the largest has a stalk nearly 20 inches in circumference. ... because it winds itself up to the forest canopy and ... community of trees." Such vines, called lianas, concentrate their ...
... accuracy and oblique imagery offer new possibilities ... and Mortgage/Banking Industries, ROCHESTER, N.Y., Aug. ... of geo-referenced aerial image libraries whose,proprietary technology ... libraries,today announced a powerful new alliance with ...
... Natural selection . . . By examining ... Oak Ridge National Laboratory hope to develop a strategy ... a process known as association mapping, scientists will attempt ... growing in natural populations with the goal being to ...
Cached Biology News:Vine invasion? UWM ecologist looks at coexistence of trees and lianas 2Vine invasion? UWM ecologist looks at coexistence of trees and lianas 3Pictometry and First American Combine Accurate Parcel Addressing With 3-D Like Intelligent Images(TM) 2Pictometry and First American Combine Accurate Parcel Addressing With 3-D Like Intelligent Images(TM) 3Story tips from the US Department of Energy's Oak Ridge National Laboratory, August 2008 2Story tips from the US Department of Energy's Oak Ridge National Laboratory, August 2008 3
... is the industry standard microarray image analysis ... imaging and analysis tools, visualizations, automation capabilities, ... is included with every GenePix scanner, and ... scanners and all types of arrays. A ...
... one mouse-click image analysis software for ... is the solution for high quality ... MicroVigene is empowered with VigeneTechs robust ... regional 2D-curve fitting background correction and ...
... applications not requiring confocal, the BD Pathway ... the Pathway 435. And, the Pathway 415 ... applications require it. High-performance, ... to use the laser autofocus, camera autofocus, ...
... ProXPRESS 2D Proteomic Imaging System, Professional ... Over a Wide Dynamic Range: The ProXPRESS ... sensitive in imaging system for both proteomic ... 2D provides unparalleled flexibility, enabling the use ...
Biology Products: