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Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2008
Date:2/17/2009

sed compensation charges 20,663 19,651 Stock option income tax benefits 3,276 2,596 Excess tax benefit from employee stock options (2,493) (14,606) Gain on sale of investment in Molecular Profiling Institute, Inc. (1,600) - Loss on property and equipment dispositions and other 55 703 Impairment of long-lived assets 5,086 - Changes in assets and liabilities: Trade and other accounts receivable 7,421 (16,180) Inventories (5,367) 3,588 Prepaid expenses 2,325 (6,141) Other current assets (1,260) (2,307) Other long term assets (173) (1,131) Accounts payable 4,377 (1,818) Accrued salaries and employee benefits 4,125 4,273 Other accrued expenses 101 679 Income tax payable (499) (397) Deferred revenue (3,831) 2,855 Deferred income tax (2,788) (7,621) Deferred rent (10) (118) Deferred compensation plan liabilities 268 683 Net cash provided by operating activities 178,253 109,584 Investing activities: Proceeds from sales and maturities of short-term investments 105,994 140,988 Purchases of short-term investments (198,691) (298,824) Purchases of property, plant and equipm
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Related medicine news :

1. Gen-Probe to Acquire Tepnel Life Sciences, Fast-Growing European Molecular Diagnostics Company, for 92.8 Million Pounds Sterling ($132.2 Million) in Cash
2. Gen-Probe and Novartis Agree to Extend and Expand Blood Screening Collaboration
3. Eric Tardif Joins Gen-Probe as Senior Vice President, Corporate Strategy
4. Gen-Probe to Webcast Presentation at the 27th Annual J.P. Morgan Healthcare Conference
5. Gen-Probe to Webcast Presentation at the 20th Annual Piper Jaffray Health Care Conference
6. Gen-Probe Reports Strong Financial Results for Third Quarter 2008, Raises Full-Year EPS Guidance
7. Gen-Probe Announces Webcasts of Three Upcoming Investor Events
8. Gen-Probe to Webcast Two Upcoming Investor Presentations
9. Gen-Probe Announces Webcast of First Quarter 2008 Earnings Conference Call
10. Gen-Probe to Webcast Presentation at Leerink Swann Molecular Diagnostics Conference
11. Gen-Probe to Webcast Presentation at Deutsche Bank Small- and Mid-Cap Growth Conference
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