Navigation Links
Techne Corporation Releases Unaudited Fourth Quarter Results for Fiscal Year 2008
Date:8/5/2008

e distribute biotechnology products.

TECHNE CORPORATION

CONSOLIDATED STATEMENTS OF EARNINGS

(In thousands, except per share data)

(Unaudited)

QUARTER ENDED FISCAL YEAR ENDED

6/30/08 6/30/07 6/30/08 6/30/07

Net sales $67,769 $58,425 $257,420 $223,482

Cost of sales 13,888 12,697 52,889 46,667

Gross margin 53,881 45,728 204,531 176,815

Operating expenses:

Selling, general

and administrative 8,986 7,839 36,715 30,965

Research and

development 5,812 5,014 22,394 20,082

Amortization of

intangible assets 282 404 1,135 1,614

Total operating

expenses 15,080 13,257 60,244 52,661

Operating income 38,801 32,471 144,287 124,154

Other expense (income):

Interest expense -- -- -- 1,083

Interest income (2,783) (2,565) (12,188) (8,434)

Other non-operating

expense, net 1,079 894 2,644 2,574

Total other income (1,704) (1,671) (9,544) (4,777)

Earnings before income

taxes 40,505 34,142 153,831 128,931

Income taxes 13,248 11,218 50,273 43,820

Net earnings $27,257 $22,924 $103,558 $85,111

Earnings per share:

Basic $0.70 $0.58 $2.65 $2.16

Diluted $0.70 $0.58 $2.64 $2.15

Weighted
'/>"/>

SOURCE Techne Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related biology technology :

1. Techne Corporation Announces Share Repurchase Authorization
2. Techne Corporation Releases Unaudited Second Quarter Results for Fiscal Year 2008
3. Memry Corporation Announces Preliminary Fiscal Fourth Quarter and 2007 Revenue
4. PeriCor Therapeutics Announces Closing of Licensing Agreement for Acadesine with Schering-Plough Corporation
5. AGA Medical Corporation Receives FDA and CE Mark Approvals for the AMPLATZER Vascular Plug II
6. Drug Royalty Corporation (DRC) Announces Acquisition Regarding PEG-INTRON(R) From Enzon Pharmaceuticals, Inc. (ENZN)
7. BioElectronics Corporation Announces Singapore and Malaysia Sales
8. Avicena Signs Worldwide Exclusive Distribution Agreement with RITA Corporation for its Proprietary Dermaceutical Compounds
9. DURECT Corporation to Present at the NewsMakers in the Biotech Industry Investment Conference
10. Insulet Corporation to Present at the Thomas Weisel Partners Healthcare Conference on September 6, 2007
11. Luminex Corporation to Present at Thomas Weisel Partners Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/17/2014)... (PRWEB) December 17, 2014 Gene ... that it has entered into a technology access ... (ADM) to apply DNA2.0’s proprietary protein engineering technology, ... process. , “We are extremely excited that the ... platform. This proprietary bioengineering technology has now ...
(Date:12/17/2014)... SOUTH SAN FRANCISCO, Calif. , Dec. 17, ... positive results of a Phase 2 study evaluating ... for the treatment of patients with severe, chronic ... the current standard of care, including topical steroids ... endpoint was percent change in Visual Analog Scale ...
(Date:12/15/2014)...  GlassesOff Inc. (OTCBB: GLSO) announced today the appointment ... director of the Company,s Board of Directors. ... its CEO until its acquisition by Stanley Black ... Recognized as the inventor of the first Wi-Fi-based Active ... -based RFID solutions focused on improving operational efficiency, safety ...
(Date:12/13/2014)... (PRWEB) December 12, 2014 Clarassance, a ... announced its new name: Therabron Therapeutics , Inc. ... and bronchioles (a type of structure in the lungs ... company’s mission to develop novel protein therapeutics for the ... directors decided to change the name to mark the ...
Breaking Biology Technology:ADM and DNA2.0 Enter Into Protein Engineering Technology Access and Service Agreement 2Velocity Pharmaceutical Development, LLC and Tigercat Pharma, Inc. Announce Phase 2 Results for VPD-737 in Patients With Chronic Pruritus 2Velocity Pharmaceutical Development, LLC and Tigercat Pharma, Inc. Announce Phase 2 Results for VPD-737 in Patients With Chronic Pruritus 3Velocity Pharmaceutical Development, LLC and Tigercat Pharma, Inc. Announce Phase 2 Results for VPD-737 in Patients With Chronic Pruritus 4AeroScout Founder Joins GlassesOff's Board of Directors 2AeroScout Founder Joins GlassesOff's Board of Directors 3Maryland-based Biotech Company's Path Forward in Treating Respiratory Diseases Sparks Name Change 2
... the leader in quantitative immunohistochemistry, announces the application ... messenger RNA in tissue.  AQUA technology enables robust ... this new work extends the platform,s capabilities beyond ... AQUA technology was invented to ...
... A team of Australian scientists has identified new genes that ... cancer. The discovery has the potential to underpin ... stages of bowel cancer. This test could potentially save thousands ... at risk to have a colonoscopy. The research[1] ...
... The " Anesthesia Drugs Market ... and studies the U.S. market for intravenous anesthesia drugs with special focus ... & import system for controlled substances in U.S. and U.S. market entry ... of   " Anesthesia Drugs Market (2011 ...
Cached Biology Technology:AQUA® Technology Uses Extend Beyond Protein: Effective measurement of messenger RNA now demonstrated 2AQUA® Technology Uses Extend Beyond Protein: Effective measurement of messenger RNA now demonstrated 3Australian Discovered Biomarkers Map Path to New Blood Test for Bowel Cancer 2Australian Discovered Biomarkers Map Path to New Blood Test for Bowel Cancer 3Anesthesia Drugs Market in U.S. worth $7 Billion by 2015: MarketsandMarkets 2Anesthesia Drugs Market in U.S. worth $7 Billion by 2015: MarketsandMarkets 3
(Date:12/11/2014)... 2014 Research and Markets ... ( http://www.researchandmarkets.com/research/twhjll/biometrics_market ) has announced the addition of ... 2015-2019"  report to their offering. ... advances in technology. With continuous advances in technology, ... the latest standard that meets the needs and ...
(Date:12/10/2014)... 2014  Valencell, a leader in performance biometric data ... demand from its licensees for highly accurate, clinically validated ... solely coming from fitness and health sectors, but first ... wearable is only as useful as the biometric data ... driver in long-term mass consumer adoption of wearable products," ...
(Date:12/5/2014)... 4, 2014 Increased emphasis on product ... new testing and inspection technologies. The convergence of ... a range of innovative test solutions. This trend ... Y, which is generally more inclined towards communication, ... development strategies of test equipment vendors will cater ...
Breaking Biology News(10 mins):Biometrics Market in the APAC Region 2015-2019: Key Vendors are 3M Cogent, NEC, Safran and Suprema 2Wearable Technology Products Demand Highly Accurate Biometric Technology 2Emerging Technologies Enable Smarter Monitoring of Assets, Push Industrial Testing, Inspection and Monitoring Market 2Emerging Technologies Enable Smarter Monitoring of Assets, Push Industrial Testing, Inspection and Monitoring Market 3Emerging Technologies Enable Smarter Monitoring of Assets, Push Industrial Testing, Inspection and Monitoring Market 4
... day each month stood out among other religious practices ... Latter-Day Saints (LDS or Mormons), who have lower rates ... the American Heart Associations Scientific Sessions 2007., People who ... appeared to also hold true in non-LDS people who ...
... e-Smart Technologies, Inc.,(Pink Sheets: ESMT); ("e-Smart") with its ... the "Company") is,pleased to announce that the United ... for the Company,s cutting edge, intelligent biometric,identification card ... States Patent and Trademark Office,issued Patent No. 7,278,025, ...
... bird brains can get to know an entire continent -- ... so, suggests a Princeton research team. The scientists ... to their winter nesting grounds even after being thrown off ... compensate for the displacement. However, similarly displaced juvenile birds, which ...
Cached Biology News:People who skip meals: are they better off? 2People who skip meals: are they better off? 3Patent Issued for e-Smart Technologies, Inc.'s First Biometric Match-on-Card Technology 2Patent Issued for e-Smart Technologies, Inc.'s First Biometric Match-on-Card Technology 3For migrating sparrows, kids have a compass, but adults have the map 2
... Partek Genomics Solution is a comprehensive ... data visualization specifically designed to reliably ... for high-dimensional genomic studies containing thousands ... fast, memory efficient and will analyze ...
Kit contains: Bio-Rad Amplification Reagent, 2x Amplification Diluent, Streptavidin-HRP, Blocking Reagent, and Phosphate Buffered Saline....
These macrocarriers are for the biolistic PDS-1000 He and Hepta systems. Supplied as 500 macrocarriers....
Intestinal Epithelium Differentiation Environment...
Biology Products: