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Tuesday, July 19, 2005

Update 2: Live Action: Millipore Corp (MIL)

Millipore released its earnings, a little better than estimated by analysts (both, EPS and revenue). We won't see sell-off on these results, but we still might see some setback, because MIL shares have raised quite vertically since April. There is not much activity in after hours, so we'll have to wait until tomorrow morning to see the reaction.

Business Wire (via Yahoo! Finance):
BILLERICA, Mass.--(BUSINESS WIRE)--July 19, 2005--Millipore Corporation (NYSE:MIL - News) announced today that its second quarter revenues were $245 million, up 9 percent from the same period of 2004.

Second quarter earnings were $0.47 per share, compared with $0.57 per share last year. Excluding these items, non-GAAP earnings for the quarter would have been $0.59 per share.

He [Martin D. Madaus, Millipore's Chairman and CEO] added: "Our prospects are excellent. We are implementing the new growth strategy for Millipore that we presented to analysts and investors on June 29th. Since that meeting we have announced two acquisitions that strengthen our position in the bioprocess market with new services and new product offerings. We are also continuing efforts to consolidate our manufacturing plants and accelerate R&D innovation. We're off to a great start."
See also:
Update: Live Action: Millipore Corp (MIL)
Live Action: Millipore Corp (MIL)
Yahoo! Finance (Business Wire): Millipore Revenues Up 9 Percent in Second Quarter, 11 Percent for First Half of 2005


Anonymous PENNY STOCKS said...

Millipore is in the papper business.

12/03/2012 03:28:00 PM  

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