Celera Corporation Reports First Quarter 2009 Results

ALAMEDA, Calif.--(BUSINESS WIRE)--Celera Corporation (NASDAQ:CRA) today reported net revenues of $45.7 million for the first quarter of 2009 that ended March 28, 2009, compared to $39.5 million in the prior year quarter that ended March 31, 2008. For the first quarter of 2009, Celera reported a net loss of $1.4 million, or $0.02 per share, compared to a net loss of $7.4 million, or $0.09 per share, for the prior year quarter. Results for both periods included items that affected the comparability of results. A breakdown of these items is listed in the reconciliation table below. These items increased the net loss for the first quarter of 2009 by $2.0 million. Net income on a non-GAAP basis, excluding the items listed in the reconciliation table below, was $0.6 million, or $0.01 per share, for the first quarter of 2009, compared to a net loss of $0.9 million, or $0.01 per share, for the prior year quarter.
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