Fisher's Q3 Revenues Grow 13 Percent as Profit More Than Doubles

Fisher Scientific this week reported a 13-percent increase in revenues, and more than doubled its net income for the three months ended Sept. 30.

Fisher's revenues for the third quarter rose to $1.4 billion from $1.26 billion in the same period a year ago.

Net income also surged to $94 million, or $0.77 per basic share, from $36 milllion, or $0.36 per basic share in the year-ago period.

Fisher Scientific had approximately $189.2 million in cash and cash investments as of Sept. 30.