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 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.