Navigation Links
Beckman Coulter Announces Third Quarter 2008 Results
Date:10/28/2008

as $41.2 million. On an adjusted basis, operating income was $79.7 million, a 13% increase over adjusted third quarter 2007 results. Significant adjustments to 2008 operating expense included: (1) $7.8 million in restructuring charges due to various site consolidations, (2) a $19 million reserve for environmental remediation related to the Orange County site consolidation, and (3) an $11.7 million charge associated with buying out the future U.S. royalty for preeclampsia tests currently in development.

Non-operating expense was $11.9 million versus non-operating income of $10.8 million in the prior year period. Prior year period results included a $26.2 million gain on the sale of vacant land, from which a $9 million contribution was made to establish the Beckman Coulter Foundation. Excluding these items, third quarter 2008 non-operating expense was up $5.5 million versus prior year, due principally to currency related costs. Net earnings were $26.1 million or $0.41 per fully diluted share. Adjusted net earnings were $50.0 million, or $0.78 per fully diluted share.

Adjusted net earnings were negatively impacted by a 350 basis point increase in the adjusted tax rate, from 22.8% to 26.3%. The unusually low tax rate in the prior year was due to discrete items including a tax settlement, reductions of certain foreign tax rates and additional R&D tax credits.

Recent Developments

* Declared a $0.17 per share quarterly cash dividend payable on

November 17, 2008 to all stockholders of record on November 3, 2008,

representing the company's 78th consecutive, quarterly dividend

payout.

* Re-purchased in the third quarter approximately 300,000 shares of

Beckman Coulter stock at an average price of $68.74 per share.

* Announced the release of the REMISOL Advance, a next-generation data

management software that improves laboratory sample workflow by


'/>"/>

SOURCE Beckman Coulter, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33

Related medicine news :

1. Beckman Coulter to Present at the Morgan Stanley Global Healthcare Unplugged Conference
2. Beckman Coulter Announces First Quarter 2008 Earnings to be Released on Wednesday, April 30, 2008, Before Market Opens
3. Beckman Coulters 4th Quarter and Full Year 2007 Revenue Grows 10.8% and 9.2%, Respectively; 2007 Earnings Per Share Beat Outlook
4. Beckman Coulter to Present at the 2007 RBC Capital Markets Healthcare Conference
5. Beckman Coulter to Acquire Flow Cytometry Instrumentation Business From Dako
6. Beckman Coulter to Present at the Credit Suisse Global Healthcare Conference
7. Beckman Coulter Signs Agreements With Amerinet, Inc.; Ten-Year Partnership Extended for Another Three Years
8. Beckman Coulter Announces Licensing Option Agreements for Cancer Genes with Johns Hopkins University
9. Align Technology Announces Third Quarter Fiscal 2008 Results
10. Rochester Medical Announces Fourth Quarter 2008 Earnings Conference Call November 6, 2008
11. IRIDEX Announces Third Quarter 2008 Conference Call and Release Date
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2015)... Beverly Hills, California (PRWEB) April 17, 2015 ... Meier stands above in his new offering of platelet-rich ... Meier Orthopedic Sports Medicine (MOSM) is known for ... and Dr. Meier brings extensive surgical experience lacking in ... PRP and stem cell treatments are utilized for pain ...
(Date:4/17/2015)... April 17, 2015 Most dental patients ... restoration units are made overseas by foreign dental laboratories, ... labs remain unregulated in more than 40 states by ... National Association of Dental Laboratories has created the ... awareness among patients about the consequences that could be ...
(Date:4/17/2015)... 2015 Baptist Health and The University ... partnership agreement designed to transform oncology care in northeast ... agreed to create a joint cancer program to enhance ... research. Baptist MD Anderson Cancer Center is anticipated to ... destination for highly coordinated, multidisciplinary cancer care for adults ...
(Date:4/17/2015)... 17, 2015 Scientists from the ... team of U.S. and Venezuelan researchers, have discovered ... humans among an isolated tribe of Yanomami Amerindians ... diversity in the Yanomami, previously unexposed to antibiotics ... double that of people living in industrialized countries, ...
(Date:4/17/2015)... (PRWEB) April 17, 2015 Connie Casad, ... and functional medicine advocate with 30 years of practice ... be adding another level of service for her patients ... website of 10 recommended wellness books with a brief ... asked to explain her interest in providing this service, ...
Breaking Medicine News(10 mins):Health News:Platelet-Rich Plasma, Stem Cell Therapy Now Offered By Dr. Meier At MOSM in Beverly Hills, California 2Health News:Platelet-Rich Plasma, Stem Cell Therapy Now Offered By Dr. Meier At MOSM in Beverly Hills, California 3Health News:National Association Urges Transparency in Dental Industry 2Health News:Baptist Health and MD Anderson Finalize Agreement to Transform Cancer Care in Region 2Health News:Baptist Health and MD Anderson Finalize Agreement to Transform Cancer Care in Region 3Health News:Mount Sinai Scientists Find Unprecedented Microbial Diversity in Isolated Amazonian Tribe Previously Unexposed to Antibiotics or Processed Foods 2Health News:Mount Sinai Scientists Find Unprecedented Microbial Diversity in Isolated Amazonian Tribe Previously Unexposed to Antibiotics or Processed Foods 3Health News:Connie Casad, M.D. Provides Patients Recommended List of Wellness Books on Website 2
... the Agency for Science, Technology and Research,s (A*STAR) ... discovered new molecular mechanisms that provide a more ... Jekyll-like fungus known as Candida albicans transforms into ... , C. albicans can cause serious and potentially ...
... resource center is just part of what is ... needed at local nonprofit for teens., WILSONVILLE, Ore., Oct. 4 ... an estimated $75,000 in furniture,arcade games and supplies. These and other items, ... will be donated to the,Sexual Minority Youth Resource Center (SMYRC). Volunteer ...
... Inc. (NYSE: MYL ),today announced that it and ... to settle pending litigation with UCB Societe,Anonyme and UCB ... and 750mg, the generic version of UCB,s Keppra(R). ... the U.S. District,Court for the Northern District of Georgia ...
... Konashen District, Guyana (Oct. 2, 2007) Three years ... the northern Amazon, the Wai Wai people of Guyana ... the nations first Community Owned Conservation Area. , Under ... community formally designated their land a protected area and ...
... ENSURES COMPLIANCE WITH THE SEND FORMAT FOR DATA EXCHANGE AND ... ... Oct. 4 PointCross announced today,the release of its PC-LDM(TM) ... with SEND (Standard,for Exchange of Non-Clinical Data), a CDISC (Clinical ...
... Seniors Face Fourth Highest Shortfall,Nationally; Per Patient ... A new independent,analysis of the nation,s Medicaid ... are under funding the actual cost of,providing seniors, ... billion,annually -- representing a dramatic 45 percent increase ...
Cached Medicine News:Health News:How Candida albicans transforms from its normally benign form into life-threatening form 2Health News:Contents of the McGinnis Mansion Refurbishes Portland, Oregon Sexual Minority Youth Center 2Health News:Contents of the McGinnis Mansion Refurbishes Portland, Oregon Sexual Minority Youth Center 3Health News:Mylan Settles Its First-to-File Opportunity on Levetiracetam with UCB 2Health News:Wai Wai choose conservation economy for traditional Amazon territory 2Health News:Wai Wai choose conservation economy for traditional Amazon territory 3Health News:PointCross Releases Pre-Clinical Study Lifecycle and Data Management Suite (PC-LDM(TM)) For Multi-Party Environments 2Health News:New National Medicaid Study: Minnesota Under Funds Seniors' Nursing Home Care $167 Million Annually 2Health News:New National Medicaid Study: Minnesota Under Funds Seniors' Nursing Home Care $167 Million Annually 3
(Date:4/17/2015)... DUBLIN , Apr. 16, 2015 Research ... announced the addition of the "The Corporate ... 2014 - Global Edition " report to ... Pharmafrom a Patient Perspective, is now in its ... (2014 results; published early 2015). For each annual ...
(Date:4/17/2015)... -- Sigma-Aldrich Corporation (NASDAQ: SIAL ... company, today announced the opening of its ... Cell Culture Technical Center in Singapore.  Located at ... support to meet customer needs, leveraging the Company,s ... Technical Center will significantly enhance our ability to ...
(Date:4/17/2015)... TAIPEI , April 17, 2015 TWi ... fully-owned subsidiary, TWi Pharmaceuticals USA , ... in the United States.  It has been in close ... wholesalers and expects to have its own label specialty ... soon in the U.S. pharma market. According ...
Breaking Medicine Technology:The Corporate Reputation of Pharma - The Global Patient Perspective in 2014 2Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 2Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 3Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 4Sigma-Aldrich Expands Customer-Centric Model with Investments in Singapore That Localize World-Class Capabilities to Better Support Customers in Asia 5
... the world,s leading research authority on pharmaceutical clinical ... presented at the American Thoracic Society (ATS) conference ... The strong competition to launch the next fixed ... disease (COPD) was of particular interest to reviewer ...
... has released their interactive agenda for Access World, July ... annual congresses on Rare Disease, Access Programs for Investigational ... for shared networking and tailored content. Attendee ... during FDA addresses , Case studies from more ...
Cached Medicine Technology:COPD Tops Asthma as the Focus Indication for Next Generation Respiratory Therapies at the 2012 American Thoracic Society Conference 2COPD Tops Asthma as the Focus Indication for Next Generation Respiratory Therapies at the 2012 American Thoracic Society Conference 3
... ideal for evaluating a wide range of functions ... body. Often referred to at the "whole body" ... fetal, spinal cord and peripheral nerve studies, are ... 67 detector coils, covers a circular area approximately ...
... pH bone putty that contains calcium-based biocompatible ... decades in orthopedic surgery. These materials are ... of bone to help the patient heal ... to enhance bone regeneration, provide optimal osteo-conduction ...
... TAU Lead is a ... stimulation lead for temporary ... The unique shaft design ... straight or preformed stylets ...
... T is a quadripolar pacing ... pacing and monitoring during and ... 227 T features tines for ... allows safe and easy implantation ...
Medicine Products: