Navigation Links
SeraCare Reports First Quarter Fiscal Year 2011 Results
Date:2/11/2011

MILFORD, Mass., Feb 11, 2011 /PRNewswire/ -- SeraCare Life Sciences, Inc. (Nasdaq: SRLS), a global life sciences company providing vital products and services to facilitate the discovery, development and production of human diagnostics and therapeutics, today reported operational and financial results for its first quarter of fiscal year 2011, ended December 31, 2010.

"In the first quarter of fiscal 2011 we took important steps to position ourselves to achieve our long-term strategic goal of doubling SeraCare's revenues during the next three to four years. As we stated during our previous earnings conference call, we anticipated a moderation in our revenues during the first half of fiscal 2011 as we implement comprehensive sales force improvements and completed our work under a significant services contract," commented Susan Vogt, President and Chief Executive Officer of SeraCare. "Additionally, we are in the final stages of converting a key customer to a new, jointly developed, custom-manufactured bulk product. This transition has resulted in some short term disruption in their ordering, but we believe will ultimately enhance our long term relationship. We believe that the completion of these initiatives will yield a positive revenue uptick and improved operating performance in the second half of the fiscal year."

SeraCare reported revenue of $10.5 million for the quarter ended December 31, 2010 compared to $11.3 million for the same quarter of the prior year, reflecting a 7% decrease. Gross margins decreased to 38% for the quarter compared to 44% for the same quarter of the prior year. The Company earned net income of $1.6 million, which included a non-recurring reorganization benefit of $0.8 million, and earnings per share on a basic and diluted basis of $0.08 for the quarter ended December 31, 2010 compared to net income of $1.3 million and earnings per share of $0
'/>"/>

SOURCE SeraCare Life Sciences, Inc.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5

Related biology technology :

1. SeraCare Life Sciences Secures $20 Million Credit Facilities
2. SeraCare Life Sciences to Report First Quarter 2011 Financial Results on February 11, 2011
3. SCOLR Pharma, Inc. Reports Second Quarter 2008 Financial Results
4. AutoImmune Inc. Reports 2008 Second Quarter Financial Results
5. Par Pharmaceutical Reports Second Quarter 2008 Results
6. ISTA Pharmaceuticals Reports Second Quarter 2008 Financial Results
7. Pharmos Corporation Reports 2008 Second Quarter Results
8. Halozyme Therapeutics Reports 2008 Second Quarter Financial Results
9. MGT Capital Investments Reports Second Quarter 2008 Financial Results and Provides Update on Recent Developments
10. BMP Sunstone Reports Second Quarter 2008 Financial Results
11. ULURU Inc. Reports Second Quarter 2008 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/16/2013)... (PRWEB) May 16, 2013 Cambridge Healthtech ... from August 19-23, 2013 at the Renaissance Waterfront Hotel ... Summit provide a close-up look at the current strategies ... ensuring bottom-line quality. Leaders in the field will ... to produce biopharmaceuticals with greater specificity and efficiency. , ...
(Date:5/16/2013)... 16, 2013 Scientists at the Center for ... , and the California -based biopharmaceutical ... novel therapy for reversing memory decline in mice with ... significant cognitive improvement in advanced stage AD mice. The ... reversing cognitive decline for advanced stage AD mice, and ...
(Date:5/16/2013)... , May 16, 2013 /PRNewswire/ ... market research report is available in ... Diagnostic Cardiac Biomarkers for Acute Coronary ... Forecasts http://www.reportlinker.com/p01182969/MediPoint-Diagnostic-Cardiac-Biomarkers-for-Acute-Coronary-Syndromes---APAC-Analysis-and-Market-Forecasts.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=In_Vitro_Diagnostic ... for Acute Coronary Syndromes - APAC ...
(Date:5/16/2013)... (PRWEB) May 16, 2013 A number of ... well. According to a report from abcactionnews.com, it was no ... to help, My Cleaning Products recommended to the management and ... Bug Bully. It also encouraged the public to try samples ... , The report dated May 11, 2013 determined that the ...
Breaking Biology Technology:The 2013 Bioprocessing Summit to Bring Together International Leaders to Discuss Today's Bioprocess Issues From Cell Line Selection to Manufacturing in Boston, MA 2Elevation of Brain Magnesium Reverses Memory Deficits in Alzheimer Mice 2Elevation of Brain Magnesium Reverses Memory Deficits in Alzheimer Mice 3MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 2MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 3MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 4MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 5MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 6MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 7MediPoint: Diagnostic Cardiac Biomarkers for Acute Coronary Syndromes - APAC Analysis and Market Forecasts 8Bed Bugs Plague Tarpon Springs Apartment Complex, Non-Pesticide Bed Bug Spray Recommended to Management by My Cleaning Products to Help 2Bed Bugs Plague Tarpon Springs Apartment Complex, Non-Pesticide Bed Bug Spray Recommended to Management by My Cleaning Products to Help 3
... NEW YORK, June 14, 2011 The global biotechnology industry ... industry achieving aggregate profitability for the second year in a ... has grown increasingly scarce for the vast majority of firms ... that depend on years of funding to support drug development. ...
... 2011 Twenty-two of America,s most promising scientists have ... by The Pew Charitable Trusts.  The 2011 Pew ... Fellows, recipients of the Albert Lasker Medical Research Award ... class of Scholars is related to many human diseases ...
... silicon-based information technology has been brought a step closer ... Engineering at UCL and the London Centre for Nanotechnology. ... Photonics journal, provides the first demonstration of an ... silicon substrate (Si) with a wavelength (1300-nm) suitable for ...
Cached Biology Technology:Despite Renewed Growth in 2010, Biotech Industry Faces R&D Challenges 2Despite Renewed Growth in 2010, Biotech Industry Faces R&D Challenges 3Despite Renewed Growth in 2010, Biotech Industry Faces R&D Challenges 4Despite Renewed Growth in 2010, Biotech Industry Faces R&D Challenges 5Despite Renewed Growth in 2010, Biotech Industry Faces R&D Challenges 622 of America's Most Promising Scientists Selected as 2011 Pew Scholars in the Biomedical Sciences 222 of America's Most Promising Scientists Selected as 2011 Pew Scholars in the Biomedical Sciences 322 of America's Most Promising Scientists Selected as 2011 Pew Scholars in the Biomedical Sciences 4UCL grows first telecommunications wavelength quantum dot laser on a silicon substrate 2UCL grows first telecommunications wavelength quantum dot laser on a silicon substrate 3
(Date:5/16/2013)... Injectable nanoparticles developed at MIT may someday eliminate ... to constantly monitor their blood-sugar levels and inject ... to sense glucose levels in the body and ... thereby replacing the function of pancreatic islet cells, ... diabetes. Ultimately, this type of system could ensure ...
(Date:5/16/2013)... 2013 Integrated Biometrics patented LES (Light ... thin film transistor camera introduces Sherlock, a fingerprint ... in the smallest and lightest form factor available ... Mobile ID FAP 45, Certified scanner is highly ... and weight when compared to optical scanners. ...
(Date:5/16/2013)... entirety of an individual,s DNA is examined to look ... health problems is a massively useful technology for diagnosing ... problems if used incorrectly, say new recommendations from the ... today (16 May 2013) in the European Journal ... genome and on exome* sequencing and analysis are now ...
Breaking Biology News(10 mins):Nanotechnology could help fight diabetes 2Nanotechnology could help fight diabetes 3European Society of Human Genetics urges caution over use of new genetic sequencing techniques 2
... States and Europe has identified more than a dozen genes ... forms of kidney disease. The team, known as the CKDGen ... 65,000 individuals of European descent. Common variations in several genes ... kidney function or chronic kidney disease than in those with ...
... at night disrupts circadian cell division, reveals a new ... University of Haifa-Oranim Department of Environmental and Evolutionary Biology ... of Leicester. "Damage to cell division is characteristic of ... causes of this damage," notes Dr. Ben-Shlomo. The study ...
... than 120 leading researchers from across the molecular,life sciences will ... life sciences conference to be,organized by the European Molecular Biology ... September 2010. Confirmed special lecturers and keynote speakers include: ... telemorase in health & disease, Richard Losick Stochasticity & ...
Cached Biology News:International research team discovers novel genes influencing kidney disease risk 2Call for abstracts and registration the EMBO Meeting 2010 2Call for abstracts and registration the EMBO Meeting 2010 3
Request Info...
Request Info...
TRIS-EDTA based buffer prepared from RNase-free water suitable for storage and dilution of siRNA, pH 8, store at 4 C ...
Request Info...
Biology Products: