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Beckman Coulter's 4th Quarter and Full Year 2007 Revenue Grows 10.8% and 9.2%, Respectively; 2007 Earnings Per Share Beat Outlook


Clinical Diagnostics Business:

-- Autochemistry

-- Protein and rapid test products

-- Clinical automation

-- All Immunoassay products

-- Molecular Diagnostics products

-- Hematology

-- Coagulation

-- Flow Cytometry and related products

Life Science Business:

-- Life Science Tools: (All robotic automation, genetic analysis

products, centrifuge and analytical systems)

-- Industrial particle characterization

Reconciling Items to Non-GAAP Financial Measures

Certain disclosures in this release, prepared in accordance with GAAP, are accompanied by disclosures not prepared in conformity with GAAP. Management believes these disclosures provide investors a more complete understanding of the company's results, as these income and expense items are not expected to recur in subsequent periods, or in the case of restructuring and supply chain initiatives, could vary significantly based upon the project or initiative. Given the significance and unusual nature of these items relative to the operating results for the periods presented, these items have been excluded in the measures reported for adjusted operating income, adjusted net earnings and adjusted earnings per share. These non-GAAP measures exclude the following items:
a) Biosite Break-Up Fee - On May 17, 2007 the merger agreement to

acquire Biosite, Inc. was terminated by Biosite in accordance with

its terms. Pursuant to the terms of the agreement, Biosite paid us

a break up fee of $54 million. We recorded a gain of $40.6 million

(net of associated expenses of $13.4 million) in other non-operating

income during the second quarter 2007.

b) Rental Tax Dispute - In 1998, we entered into a sale-leaseback

transaction with Cardbeck Miami Trust ("Cardbeck") in connection

with our M

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

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