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Alere Inc. (ALR) Announces Third Quarter 2012 Results


11/9/2012 9:28:35 AM

WALTHAM, Mass., Nov. 8, 2012 /PRNewswire/ -- Alere Inc. (NYSE: ALR), a global leader in enabling individuals to take charge of their health at home through the merger of rapid diagnostics and health management, today announced its financial results for the quarter ended September 30, 2012.

Financial results for the third quarter of 2012:

• Net revenue of $691.4 million for the third quarter of 2012, compared to $585.8 million for the third quarter of 2011. Non-GAAP adjusted net revenue, which includes $0.9 million in estimated revenue related to acquired software license contracts not recognized for GAAP purposes for the third quarter of 2012 due to business combination accounting rules, was $692.3 million for the third quarter of 2012, compared to $585.8 million for the third quarter of 2011.

Read at BioSpace.com


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