Celera Corporation Reports Fourth Quarter and Full Year 2010 Results $0.03

Celera Corporation CRA today reported net revenues of $34.9 million for the fourth quarter of 2010 that ended December 25, 2010, compared to $39.2 million for the prior year quarter.

For the fourth quarter of 2010, Celera reported net income of $2.5 million, or $0.03 per share, compared to net income of $3.6 million, or $0.04 per share, for the prior year quarter.

On a non-GAAP basis, excluding certain non-recurring and non-cash charges, net loss was $0.8 million, or $0.01 per share, for the fourth quarter of 2010, compared to net income of $1.7 million (on a restated basis), or $0.02 per share, for the prior year quarter.

For 2010, Celera reported net revenues of $128.2 million compared to $156.8 million (on a restated basis) for the prior year. Also for 2010, Celera reported a net loss of $24.6 million, or $0.30 per share, compared to a net loss of $25.0 million (on a restated basis), or $0.31 per share, for the prior year.