Life Technologies posts 32% gain in 3rd quarter

October 15, 1992

Life Technologies Inc., a supplier of biological products to biotech companies, reported a 32 percent increase in earnings to $3.78 million in the period that ended Sept. 30 from $2.8 million for the same period in 1991.

The Gaithersburg company also reported revenues of $49.4 million for the third quarter compared with $41.1 million for the year before.

Three months ended 9/30/92

......... . . ....Revenue........... Net................ Share

'92.. ......... 49,461,000........ 3,780,000.......... 0.25

'91............ 41,088,000., ......2,837,000.......... 0.19

% change............. +20.0..............+33.2...........+31.5

Nine months ended 9/30/92

............... .Revenue.............. Net... .......... Share

'92............. 147,969,000......... 11,477,000....... 0.76

'91............ 126,518,000.......... 9,670,000....... 0.65

% change.............. +16.9.. ............ +18.6....... +16.9

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