www.fdanews.com/articles/84497-ventana-reports-fourth-quarter-results
VENTANA REPORTS FOURTH QUARTER RESULTS
February 10, 2006
Ventana Medical Systems, Inc. today reported sales of $54.3 million for the
quarter ending December 31, 2005, a 13% increase over the fourth quarter of
2004. The Company reported GAAP net income for the fourth quarter of $10.6 million,
or $0.29 per diluted share, compared with GAAP net income of $8.6 million, or
$0.24 per share, in the fourth quarter of 2004. "Reagents and other revenues
grew 19% versus last year's fourth quarter, while instrument revenue decreased
by 9% in the quarter versus last year," commented Christopher Gleeson,
Ventana's President and Chief Executive Officer.
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