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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (293)10/30/2000 4:21:58 PM
From: scaram(o)uche  Read Replies (1) of 2243
 
trickle, trickle......

QIAGEN Announces Third Quarter Results

VENLO, Netherlands, Oct. 30 /PRNewswire/ -- QIAGEN N.V. (Nasdaq: QGENF,
Neuer Markt: QIA, Easdaq: QGEN) today announced the results of operations for
its third quarter ended September 30, 2000.
The Company reported that consolidated net sales for the third quarter of
2000 increased 29% to $50.5 million, from $39.1 million for the same period in
1999. Net income for the quarter ended September 30, 2000 increased 37% to
$6.5 million from $4.8 million in the same quarter of 1999. Diluted earnings
per share increased 34% to $0.05 (based on 144.4 million average shares and
share equivalents outstanding) from $0.03 (based on 141.2 million average
shares and share equivalents outstanding) in the comparable quarter of 1999.
Operating profit increased 38% to $10.6 million from $7.6 million in the
comparable quarter of 1999.
Adjusted for the effects of currency fluctuations, net sales for the third
quarter of 2000 increased 36% to $53.4 million, from $39.1 million for the
same period in 1999 and net income increased 50% to 7.1 million from
$4.8 million in the same quarter of 1999. (snip)
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