FOSTER CITY, Calif.--(BUSINESS WIRE)--Oct. 27, 2005--Applied Biosystems Group (NYSE: ABI), an Applera Corporation business, today reported net revenues of $416 million for the first quarter of fiscal 2006, a 6% increase over the prior year quarter. Net income was $57.5 million compared to $37.1 million for the prior year quarter. Earnings per share (EPS) for the quarter was $0.29, compared to $0.18 for the prior year quarter. EPS for the quarter on a non-GAAP basis, excluding the specified items described in the reconciliation schedule below, was $0.24, a 33% increase compared to $0.18 for the prior year quarter. The net effect of foreign currency on EPS was immaterial compared to the prior year quarter. All per share amounts refer to Applera Corporation-Applied Biosystems Group Common Stock.
