Earnings Adjustment, Financial Results, Upcoming Conferences, and Product Shipments - Analyst Notes on Agilent, Bio-Reference, RadNet, Foundation Medicine and Fluidigm
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NEW YORK, June 10, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Agilent Technologies Inc. (NYSE: A), Bio-Reference Laboratories Inc. (NASDAQ: BRLI), RadNet, Inc. (NASDAQ: RDNT), Foundation Medicine, Inc. (NASDAQ: FMI) and Fluidigm Corporation (NASDAQ: FLDM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3529-100free.
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Agilent Technologies Inc. Analyst Notes
On June 4, 2014, Agilent Technologies, Inc. (Agilent) announced an adjustment to the Company's reported Q2 2014 GAAP net income which was reported on May 14, 2014. The Company stated that it changed its Q2 2014 GAAP net income to $139 million, or $0.41 per share compared to the previously announced $150 million, or $0.45 per share. Agilent informed that in accordance with the disclosure in the Company's quarterly report on Form 10-Q filed on June 4, 2014, this change was made as a result of an out-of-period adjustment for tax expense. The full analyst notes on Agilent are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/A/report.pdf
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Bio-Reference Laboratories Inc. Analyst Notes
On June 5, 2014, Bio-Reference Laboratories Inc. (Bio-Reference) reported its Q2 FY 2014 financial results (period ended April 30, 2014). Revenues increased by 14.1% YoY to $201.4 million, which is the highest recorded revenues in a quarter in its history. Net income totaled $10.3 million, or $0.37 per diluted share compared to $11.3 million or $0.41 per diluted share in Q2 FY 2013. Marc D. Grodman, MD, CEO, said, "As we have previously stated, we believe that we will just about equal our performance for the third quarter of last year in the coming third quarter of this year. We also believe that the fourth quarter will show improvement over the fourth quarter of last year." The full analyst notes on Bio-Reference are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/BRLI/report.pdf
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RadNet, Inc. Analyst Notes
On June 5, 2014, RadNet Inc.'s (RadNet) stock increased to end the day at $7.00 compared to the previous day's closing price of $6.34, which represents a 10.41% growth. The Company's stock grew 12.0% over the past three trading days compared to the Nasdaq Composite which rose 1.39% and to the Dow Jones Industrial Average which rose 0.55% over the same trading period. The full analyst notes on RadNet are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/RDNT/report.pdf
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Foundation Medicine, Inc. Analyst Notes
On June 4, 2014, Foundation Medicine, Inc. (Foundation Medicine) announced that it will be presenting at the Goldman Sachs Global Healthcare Conference on June 11, 2014, Wednesday at 4:00 p.m. PT in Rancho Palos Verdes, California. The Company stated that its President and CEO, Michael J. Pellini, M.D., will lead the presentation. Foundation Medicine stated that it will also be presenting at the JMP Securities Healthcare Conference wherein its Chief Operating Officer Steven J. Kafka, Ph.D., will be presenting on June 24, 2014, Tuesday at 3:00 p.m. ET in New York. Foundation Medicine informed that a listen-only live webcasts of the presentations and archive of the same for two weeks may be accessed through the Company's website. The full analyst notes on Foundation Medicine are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/FMI/report.pdf
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Fluidigm Corporation Analyst Notes
On June 3, 2014, Fluidigm Corporation (Fluidigm) announced that it has started shipping production volumes of its FLEXsix™ integrated fluidic circuits (IFCs) to genotyping and gene expression customers. According to the Company, these IFCs would enable customers to either run each partition independently as separate experiments at separate times, or run multiple partitions simultaneously thus giving them new levels of flexibility for their Fluidigm-based experiments. "The FLEXsix IFC provides the flexibility to run variable numbers of samples and assays while maintaining all the benefits of Fluidigm's microfluidic IFCs, including an integrated workflow, low sample and assay consumption, and ultra-low cost," said Nico Tuason, Senior Product Manager at Fluidigm. The full analyst notes on Fluidigm are available to download free of charge at:
http://www.analystsreview.com/Jun-10-2014/FLDM/report.pdf
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