Dade Behring 3Q earnings $37.6M vs $28.9M

Date : 10/29/2007 @ 5:12PM
Source : TFN
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Dade Behring 3Q earnings $37.6M vs $28.9M

        NEW YORK (Thomson Financial) - Dade Behring Holdings Inc. Monday reported
third-quarter earnings of third-quarter earnings of $37.6 million, or 45 cents a
share, up from a year-ago profit of $28.9 million, or 33 cents a share. 
    The latest results include a pre-tax charge of $6.2 million for fees
stemming from Siemens' previously disclosed agreement to acquire Dade as well as
a tax gain from Germany's recently enacted change to its statutory income tax
rate. 
    The mean estimate of analysts polled by Thomson Financial was for a profit
of 37 cents a share in the September period. 
    Revenue rose 12% in the latest three months to $474.7 million from $423.6
million in the same period a year earlier. 
    The stock closed at $76.94. 
Michael Baron
mb

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