Beckman Earnings Up 16%; Warning Issued
From Bloomberg News
Beckman Coulter Inc., which makes medical laboratory equipment and diagnostic tests, said first-quarter net income rose 16% to $41.4 million, or 62 cents a share, from $35.6 million, or 54 cents, a year earlier. The Fullerton-based company said sales rose 7.3% to $576.1 million.
Beckman also said second- quarter earnings would be 88 cents to 95 cents a share, less than analysts expected. The shares fell 4.4%.
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