* Q1 loss $0.02/shr vs yr-ago loss $0.09/shr
* Q1 rev up 16 pct to $45.7 million
* Sees 2009 rev of $192-$202 mln
May 6 (Reuters) - Celera Corp posted a narrower first-quarter loss, helped by lower research and development expenses and higher sales.
The maker of diagnostic tests posted a net loss of $1.4 million, or 2 cents a share, compared with a loss of $7.4 million, or 9 cents a share, a year earlier.
Revenue rose 16 percent to $45.7 million.
The company expects second-quarter earnings-per-share, before items, to be at, or slightly below, breakeven.
Analysts on average expect a loss of 1 cent a share for the second quarter, according to Reuters Estimates.
For 2009, the company expects mid-single digit earnings-per-share, excluding items, on total revenue of $192 million to $202 million.
Analysts expect revenue of $197.1 million for the year.
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(Reporting by Shailesh Kuber in Bangalore; Editing by Ratul Ray Chaudhuri) Keywords: CELERA/ (shailesh.kuber@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: shailesh.kuber.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Q1 rev up 16 pct to $45.7 million
* Sees 2009 rev of $192-$202 mln
May 6 (Reuters) - Celera Corp posted a narrower first-quarter loss, helped by lower research and development expenses and higher sales.
The maker of diagnostic tests posted a net loss of $1.4 million, or 2 cents a share, compared with a loss of $7.4 million, or 9 cents a share, a year earlier.
Revenue rose 16 percent to $45.7 million.
The company expects second-quarter earnings-per-share, before items, to be at, or slightly below, breakeven.
Analysts on average expect a loss of 1 cent a share for the second quarter, according to Reuters Estimates.
For 2009, the company expects mid-single digit earnings-per-share, excluding items, on total revenue of $192 million to $202 million.
Analysts expect revenue of $197.1 million for the year.
For the alerts, double-click
(Reporting by Shailesh Kuber in Bangalore; Editing by Ratul Ray Chaudhuri) Keywords: CELERA/ (shailesh.kuber@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: shailesh.kuber.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.