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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.