Applied Biosystems Group (NYSE: ABI), an Applera Corporation business, today reported net revenues of $482 million for the second quarter of fiscal 2006, a 4% increase over the prior year quarter and 6% excluding the unfavorable impact from foreign currency. Net income was $31 million compared to $73 million for the prior year quarter and was affected by specified items in both periods. Earnings per share (EPS) for the quarter was $0.17, compared to $0.37 for the prior year quarter. EPS for the quarter on a non-GAAP basis, excluding the specified items described in the following reconciliation schedule, was $0.32, a 14% increase compared to $0.28 for the prior year quarter. The net effect of foreign currency on EPS was an unfavorable impact of approximately $0.02 compared to the prior year quarter. All per share amounts refer to Applera Corporation-Applied Biosystems Group Common Stock.
