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This article was originally published in Clinica
Life Technologies posted third-quarter results ahead of analyst predictions, helped by “modestly better gross margins, in-line [operating expenses], and a lower tax rate,” according to Goldman Sachs analyst Isaac Ro. Q3 revenues grew 3% year-on-year to $935.1m, beating analyst consensus of $926m, while earnings of $1.02 per share exceeded their estimate of $0.96.
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