Gen-Probe Inc. (GPRO) reported that its third-quarter net income was $22.20 million or $0.44 per share, compared to $29.08 million or $0.52 per share in the same quarter last year. Non-GAAP net income for the latest quarter was $23.78 million or $0.47 per share. Analysts polled by Thomson Reuters expected the company to report earnings of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter were $122.70 million, compared to $121.18 million in the prior year quarter. Eighteen analysts had consensus revenue estimate of $123.31 million for the quarter.
Looking ahead for 2009, the company now expects non-GAAP net earnings to be in the range of $1.90 to $1.93 per share, compared to previous range of $1.85 to $1.95 per share.
GAAP net income for fiscal 2009 is now expected to be in the range of $1.77 to $1.79 per share, compared to prior range of $1.73 to $1.85 per share.
For fiscal 2009, the company now expects non-GAAP total revenues to be in the range of $493 million to $500 million, compared to prior range of $490 million to $503 million.
GAAP total revenues for fiscal 2009 are now expected to be in the range of $493 million to $500 million, compared to prior range of $490 million to $503 million.
Analysts expect the company to report earnings of $1.88 per share on revenues of $493.01 million for fiscal 2009.
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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.