PerkinElmer’s 2003 fourth quarter results have been announced, revealing GAAP earnings per share of $.21 from continuing operations on revenue of $432.6 million. The company generated operating cash flow of $77.9 million in the last quarter and $167.5 million for the full year.
According to Gregory Summe, chairman and CEO, the 2003 operating cash flow was more than three times the GAAP net income.“Our priorities for 2003 were to improve cost structure, launch a broad array of new products and deliver strong cash flow,” said Summe, “We feel terrific about our progress… especially the strong cash flow performance.”
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