Qiagen NV (QGEN) announced that its third-quarter net income attributable to the company increased 81% to US$37.7 million from US$20.8 million in the same quarter of 2008. Earnings per share for the third quarter increased 80% to US$0.18 in 2009 from US$0.10 in 2008. Adjusted net income increased 26% to US$53.5 million from US$42.4 million in 2008. Adjusted earnings per share increased 24% to US$0.26 in the third quarter 2009 from US$0.21 in 2008.
Consolidated net sales for its third quarter 2009 increased 13% to US$259.7 million from US$230.8 million in the same quarter of 2008.
Analysts polled by Thomson Reuters expected the company to report earnings of US$0.23 per share on revenues of $256.88 million for the quarter. Analysts' estimates typically exclude special items.
The company now expects fiscal 2009 adjusted earnings to be in the range of US$0.88 - US$0.90 per share, compared to previous range of US$0.86 - US$0.90 per share. Analysts expect the company to report earnings of US$0.85 per share 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.