Meridian Bioscience (VIVO) Reports In-Line Q3 EPS of $0.19; Guides

July 17, 2008 7:41 AM EDT

Meridian Bioscience, Inc. (NASDAQ: VIVO) reports Q3 non-GAAP EPS of $0.19, in-line with the analyst estimate of $0.19. Revenues for the quarter were $33.1 million, versus the consensus of $34.58 million.

Reaffirms its FY08 sales guidance of $140-$142 million and EPS in the range of $0.72-$0.75, versus the Street estimates of $141.05 million and $0.74, respectively. Also, Meridian sees double-digit revs and earnings growth for FY09.

Meridian Bioscience, Inc., a life science company, engages in the development, manufacture, sale, and distribution of diagnostic test kits primarily for respiratory, gastrointestinal, viral, and parasitic infectious diseases.


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