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1Q Financial Report: Fisher Scientific

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Fisher Scientific

1Q Revenues: $1.4 billion (+8%)

1Q Earnings: $103.2 million (+34%)

Comments: Income from continuing operations increased to $106.2 million, up 39% for the quarter. Cash from operations totaled $111.2 million, reflecting growth in earnings. Healthcare product sales and services increased to $353.5 million, up 8%. Sales of scientific products and services totaled $1.1 billion, up 9%.

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