Applied Biosystems (ABI) Expects Q1 Results to be In-Line with Previous Guidance

October 9, 2008 7:32 AM EDT

Applied Biosystems Inc. (NYSE: ABI) will issue fiscal 2009 first quarter financial results on Wednesday, October 22, 2008. Results are scheduled for release before the opening of trading on the New York Stock Exchange.

Applied Biosystems expects fiscal 2009 first quarter financial results to be in line with its guidance issued July 24, 2008. At that time, Applied Biosystems indicated that it expected first quarter fiscal 2009 revenue to increase in line with the growth rate in the first quarter of fiscal 2008 and first quarter fiscal 2009 gross margin and operating margin to be higher than in the fiscal 2008 first quarter.

Applied Biosystems Inc. (formerly known as Applera Corporation) is in the development and marketing of instrument-based systems, consumables, software, and services for academic research, the life science industry and commercial markets.[SM]

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