DUBLIN , October 24, 2014 /PRNewswire/ -- - Increases Non GAAP diluted earnings per ADS growth guidance to the high thirty percent range for the full year (2014).
Product sales grew 19% excluding products acquired with ViroPharma.
- Delivers 11% normalized organic revenue growth and $1.05 Adjusted EPS, driven by strong growth in all business segments and regions including 12% normalized organic growth in CAG Diagnostics recurring revenues
- Catalyst® and hematology instrument placements both increased over 30% in US and international markets - Transition to all-direct sales strategy in the US on track for 100% direct order and fulfillment capability in Q4 - Company announces launch of Catalyst One™, the Company's next generation chemistry analyzer, with customer shipments beginning November 3 - Strong business momentum supports increase in 2014 Adjusted EPS guidance to $3.85 to $3.90 and preliminary 2015 outlook for 13% to 14% normalized organic revenue growth and $4.38 to $4.48 Adjusted EPS WESTBROOK, Maine , Oct.
Third Quarter Highlights:
GAAP net loss available to common shareholders per share of $1.90.
Operating earnings of $63.3 million or $0.18 per diluted share before the impact of two items:
Non-cash pre-tax goodwill impairment charge of $800 million
Non-cash goodwill impairment is an accounting loss and does not impact future profitability
$45 million reserves to address a process issue related to certain customer deposit accounts
Average loans increased 9% annualized QOQ, driven by both commercial and consumer loan categories
Average commercial business (C&I) loans increased 9% QOQ
Average consumer loans increased 13% QOQ led by indirect auto and home equity balances
Transactional deposit balances increased 7% QOQ driven by higher customer balances
Noninterest-bearing deposits increased 14% QOQ driven by commercial deposits
Transactional deposit balances averaged 37% of
The Board of Directors of Harris Corporation (NYSE:HRS) has declared a
quarterly cash dividend of 47 cents per share on the common stock,
payable December 5, 2014 to shareholders of record November 20, 2014.
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of Digital River, Inc. (“Digital River”) (NasdaqGS: DRIV)
concerning the acquisition by an investor group led by private equity
firm Siris Capital Group.
By Jeffry Bartash, MarketWatch
WASHINGTON (MarketWatch) -- Sales of new homes in September rose slightly and hit a six-year high even though purchases earlier in the summer were not nearly as strong as initially reported.
Harris Corporation (NYSE:HRS) has been awarded a potential $770 million
in indefinite delivery/requirements contracts for up to five years to
provide geospatial data services for the National
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