Wednesday, 25 July 2007

UPDATE 1-Applied Biosystems posts higher Q4 profit

(Reuters) - The company, however, warned that the first-quarter revenue
growth rate could be lower than the full year due to the
stronger sales growth witnessed in the first quarter of the
previous year.




First-quarter earnings are expected to be modestly higher
than the 29 cents a share reported in the prior year, the
company said in a statement. Analysts on average were expecting
33 cents a share, excluding items, according to Reuters
Estimates.


Read more at Reuters.com Market News

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