Pall posts 20% higher profit

SAN FRANCISCO (MarketWatch) — Pall Corp. , citing strong bio-pharmaceuticals demand for its filtration systems, reported late Thursday fiscal second-quarter 2009 net income rose to $46.9 million, or 42 cents a share, from $38.9 million, or 33 cents, a year ago. Revenue for the three months ended Jan. 31 rose 3.2% to $560.4 million from $543.3 million. Analysts polled by FactSet Research had expected the company to earn 47 cents a share on $591 million in revenue. Shares of the Port Washington, N.Y.-based company fell 5% to $38.71 in after hours trade.


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