Life Technologies Corp. (LIFE) Thursday reported first-quarter net income attributable to controlling interest of $121.1 million or $0.69 per share, compared to $132.6 million or $0.72 per share in the comparable quarter last year.
Excluding items, adjusted earnings for the quarter were $186.0 million or $1.07 per share, up from $181.3 million or $0.99 per share a year ago. On average, twenty two analysts polled by Thomson Reuters expected the company to earn $1.04 per share. Analysts' estimates typically exclude special items.
Revenues for the quarter were $962.51 million, down from $939.11 million in the year-ago quarter, while twenty analysts on consensus estimated revenues of $958.56 million for the quarter.
Looking ahead to first quarter, the company expects adjusted earnings of $0.94 to $0.97 per share and expects revenue in the range of $950 million to $955 million.
Analysts currently expect earnings of $1.06 per share and revenue of $979.68 million for fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.