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Gen-Probe Reports Financial Results for the Fourth Quarter of 2011
Date:2/14/2012

rch revenue

1,369

1,3693,708

3,708Royalty and license revenue

1,644

1,6441,893

1,893Total revenues

158,175

158,175136,694

136,694Operating expenses:Cost of product sales (excluding acquisition-related intangible amortization)

51,626

116

51,74240,013

91

40,104Acquisition-related intangible amortization

2,760

2,760—

2,231

2,231Research and development

28,160

42

28,20226,885

26,885Marketing and sales

17,042

14

17,05615,016

15,016General and administrative

15,570

670

16,24014,670

940

15,610Goodwill and asset impairment charges

12,746

12,746—

—Total operating expenses

112,398

16,348

128,74696,584

3,262

99,846Income from operations

45,777

(16,348)

29,42940,110

(3,262)

36,848Other income (expense):Investment and interest income

1,317

1,3171,401

1,401Interest expense

(546)

(546)(535)

(535)Gain on contingent consideration

——

399

399Other income (expense), net

(364)

(364)(95)

(95)Total other income, net

407

407771

399

1,170Income before income tax

46,184

(16,348)

29,83640,881

(2,863)

38,018Income tax expense

12,441

(2,464)

9,97711,437

(657)

10,780Net income

$  33,743

$(13,884)

$  19,859$  29,444

$  (2,206)

$  27
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SOURCE Gen-Probe Incorporated
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