Wednesday, July 25, 2007

Dade Behring quarterly net earnings rise

(Reuters) - CHICAGO, July 25 - Dade Behring Holdings Inc. , which has agreed to a bid from Siemens AG for $77 per share, said on Wednesday quarterly net earnings rose on demand for its laboratory equipment. Second-quarter net income was $50.3 million, or 61 cents per diluted share, compared with $37.6 million, or 43 cents per diluted share, a year before, the Deerfield, Illinois-based company said. Quarterly revenue rose 8.2 percent from a year ago to $481 million.



Wall Street analysts on average had forecast 47 cents a share, according to those polled by Reuters Estimates.


Read more at Reuters.com Market News

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