Life Tech's Q1 Revenues Increase 2 Percent on Genetic Analysis, Applied Sciences Sales | GenomeWeb

NEW YORK (GenomeWeb News) – Life Technologies reported after the close of the market on Thursday that revenues for the first quarter increased more than 2 percent year over year on a GAAP basis, or more than 4 percent excluding currency effects.

The Carlsbad, Calif.-based firm said that for the three months ended March 31, GAAP revenues totaled $962.5 million, up from $939.1 million, and surpassing the consensus Wall Street estimate of $958.6 million.

On a non-GAAP basis the company reported $962.9 million in revenues, up 3 percent from $939.0 million a year ago.

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