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

,238Net income per share:Basic

$  0.73

$  (0.30)

$  0.43$  0.61

$  (0.04)

$  0.57Diluted

$  0.72

$  (0.30)

$  0.42$  0.61

$  (0.05)

$  0.56Weighted average shares  outstanding:Basic

46,11746,11747,82747,827Diluted

46,94446,94448,45548,455Gen-Probe IncorporatedConsolidated Statements of Income – Non-GAAP Reconciliations(In thousands, except per share data)

(Unaudited)Twelve Months EndedTwelve Months EndedDecember 31, 2011December 31, 2010Non-GAAPAdjustmentsGAAPNon-GAAPAdjustmentsGAAPRevenues:Product sales

$562,588

$  —

$562,588$522,709

$  —

$522,709Collaborative research revenue

7,682

7,68214,518

14,518Royalty and license revenue

5,964

5,9646,100

6,100Total revenues

576,234

576,234543,327

543,327Operating expenses:Cost of product sales (excluding acquisition-related intangible amortization)

173,216

429

173,645168,860

362

169,222Acquisition-related intangible amortization

11,061

11,061—

8,847

8,847Research and development

112,633

109

112,742111,103

111,103Marketing and sales

68,359

37

68,39659,492

59,492General and administrative

66,170

5,224

71,39454,491

2,327

56,818Goodwill and asset impairment charges

12,746

12,746—

—Total operating expenses

420,378

29,606

449,984393,946

11,536

405,482Income from operations

155,856

(29,606)

126,250149,381

(11,536)

137,845Other income (
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SOURCE Gen-Probe Incorporated
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