Beckman Coulter Inc. on Tuesday reported a third-quarter profit in line with analysts’ expectations.
Beckman, a maker of medical testing instruments and supplies that is moving to Brea from Fullerton next year, posted an adjusted profit of $50 million, compared to a $49.5 million profit in 2007’s third quarter.
Analysts expected Beckman to make $51 million in the quarter.
Beckman’s net profit was $26.1 million after adjustments.
Third-quarter sales rose 13% to $758.8 million, beating Wall Street’s projection of $739.5 million.
For the full year, Beckman reiterated its profit expectations of $220.8 million to $227.1 million. The company said it expects its full-year revenue to grow 12% to 13%.
Wall Street expects Beckman to make $225.2 million on $3.13 billion in revenue for 2008.
