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Beckman Coulter Announces Third Quarter 2009 Results
Date:10/29/2009

ORANGE COUNTY, Calif., Oct. 29 /PRNewswire-FirstCall/ -- Beckman Coulter, Inc. (NYSE: BEC), a leading developer, manufacturer and marketer of products that simplify, automate and innovate complex biomedical testing, announced today third quarter and nine months ended September 30, 2009 results. Reported third quarter revenue, including $65.1 million from the recent ODS acquisition, was $822.8 million, up 8.4% over prior year quarter, or 11.6% in constant currency. On a constant currency basis, recurring revenue increased 17.3% and cash instrument sales declined 9.4%. Reported net earnings were $1.5 million, or $0.02 per fully diluted share. Adjusting for special items, related primarily to restructuring charges and acquisition costs, net earnings were $59.2 million, or $0.85 per fully diluted share, an increase of 13.3% over prior year quarter. (See "Non-GAAP Financial Measures" and "Reconciling Items to Non-GAAP Financial Measures.")

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                        Three Months Ended              Nine Months Ended
                           September 30                   September 30
                           ------------                   ------------
                      2009     2008       Chg%     2009      2008       Chg%
                      ----     ----       ----     ----      ----       ----
    Reported Results
    ----------------
    (in millions, except
     per share)
    Revenue         $822.8    $758.8      8.4%  $2,271.0  $2,287.6     (0.7%)
      Recurring
       Revenue      $676.1    $594.6     13.7%  $1,878.8  $1,792.6      4.8%
      Operating
       Income         $4.4     $38.2    (88.5%)   $119.9    $1
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SOURCE Beckman Coulter, Inc.
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