Millipore's Q2 Profit Rises as Currency Hits Top Line | GenomeWeb

NEW YORK (GenomeWeb News) – Millipore reported after the close of the market Thursday that its second-quarter profit rose 5 percent, but the negative effects of currency translation resulted in a 1 percent decline in revenues year over year.

The Billerica, Mass.-based life sciences products firm reported total revenues of $408.6 million for the three-month period ended July 4, compared to revenues of $414.2 million for the second quarter of 2008. Excluding foreign currency translation, Millipore's revenues were up 5 percent.

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