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Thermo Fisher Scientific Reports Record 2008 First Quarter Revenues and Operating Performance
Date:4/24/2008

uent to today.

Media Contact Information:

Lori Gorski

Phone: 781-622-1242

E-mail: lori.gorski@thermofisher.com

Website: http://www.thermofisher.com

Investor Contact Information:

Ken Apicerno

Phone: 781-622-1111

E-mail: ken.apicerno@thermofisher.com

Consolidated Statement of Income (unaudited) (a)(b)

Three Months Ended

March 29, % of March 31, % of

(In millions except per share amounts) 2008 Revenues 2007 Revenues

Revenues $2,554.0 $2,338.2

Costs and Operating Expenses:

Cost of revenues (c) 1,503.9 58.9% 1,428.1 61.1%

Selling, general and administrative

expenses 541.6 21.2% 511.2 21.9%

Amortization of acquisition-related

intangible assets 151.2 5.9% 139.3 6.0%

Research and development expenses 62.0 2.4% 59.8 2.6%

Restructuring and other costs, net (d) 4.9 0.2% 7.4 0.3%

2,263.6 88.6% 2,145.8 91.8%

Operating Income 290.4 11.4% 192.4 8.2%

Interest Income 10.1 8.9

Interest Expense (30.4) (37.2)

Other Income, Net (e) 7.5 1.6

Income from Continuing Operations

Before Income Taxes 277.6 165.7

Provision for Income Taxes (f) (44.2) (26.9)

Income from Continuing Operations 233.4
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SOURCE Thermo Fisher Scientific Inc.
Copyright©2008 PR Newswire.
All rights reserved

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