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Caliper Life Sciences Reports First Quarter 2011 Results
Date:5/2/2011

will, or if competitors introduce new competitive products, or if Caliper is unable to convince potential customers regarding the superior performance of its microfluidic and imaging systems and products.  In addition, Caliper may encounter unanticipated difficulties in the integration of CRi's operations with Caliper's other operations.   Further information on risks faced by Caliper are detailed under the caption "Risks Related To Our Business" in Caliper's Annual Report on Form 10-K for the year ended December 31, 2010. Our filings are available on a web site maintained by the Securities and Exchange Commission at http://www.sec.gov. Caliper does not undertake any obligation to update forward-looking or other statements in this release or the conference call. NOTE:  Caliper and LabChip are registered trademarks of Caliper Life Sciences, Inc.  CRi is a registered trademark of Cambridge Research & Instrumentation, Inc., a wholly owned subsidiary of Caliper Life Sciences, Inc.  ToxCast is a trademark of the Environmental Protection Agency.  CALIPER LIFE SCIENCES, INC.SELECTED FINANCIAL INFORMATION(unaudited)CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except per share data)Three Months EndedMarch 31,20112010Revenue:Product revenue$

24,943$

20,367Service revenue7,2325,081License fees and contract revenue3,6453,204Total revenue35,82028,652Costs and expenses:Cost of product revenue12,89510,296Cost of service revenue3,6963,190Cost of license revenue645405Research and development5,3924,347Selling, general and administrative13,72010,858Amortization of intangible assets1,4421,254Restructuring charges, net86431Total costs and expenses38,65430,381Operating loss(2,834)(1,729)Interest expense, net(35)(130)Other income (expense), net312(351)Provision for income taxes(38)(8)Net loss$

(2,595)$

(2,218)Net loss per share, basic and diluted$

(0.05)$

(0.04)
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SOURCE Caliper Life Sciences, Inc.
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