Dionex Corp. (DNEX) posted second quarter net income of $16.6 million or $0.92 per share, compared to $17.0 million or $0.93 per share in the previous year quarter.
On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.88 per share. Analysts' estimates typically exclude special items.
Net income for the second quarter of fiscal 2010 included a one-time charge of approximately $700,000, net of tax, related to the write-up of inventory in the acquisition of the ESA business and a discrete tax benefit of approximately $900,000 related to a favorable tax audit outcome.
Sales for the quarter were $109.2 million, compared to $103.0 million in the same quarter last year. Three Wall Street analysts expected revenues of $108.90 million.
Looking forward, for the third quarter, the company expects net sales in the range of $109-$113 million and earnings per share in the range of $0.90-$0.93 per share.
Street analysts expect earnings of $0.86 per share on revenues of $105.98 million for the first quarter.
For the full year 2010, the company now expects sales in the range of $413-$420 million and earnings per share in the range of $3.15-$3.23. Previously, the company estimated sales in the range of $385 million-$393 million and earnings per share in the range of $3.01-$3.10.
Street analysts expect earnings of $3.20 per share on revenues of $413.43 million for the full-year.
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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.