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Gen-Probe Reports Financial Results for the Second Quarter of 2011
Date:7/28/2011

xcept per share data)

(Unaudited)Three Months EndedThree Months EndedJune 30, 2011June 30, 2010Non—GAAPAdjustmentsGAAPNon—GAAPAdjustmentsGAAPRevenues:Product sales

$132,921

$  —

$132,921$132,734

$  —

$132,734Collaborative research revenue

1,617

—

1,6174,141

—

4,141Royalty and license revenue

1,360

—

1,3601,774

—

1,774Total revenues

135,898

—

135,898138,649

—

138,649Operating expenses:Cost of product sales (excluding acquisition-related intangible amortization)

39,329

102

39,43144,221

90

44,311Acquisition-related intangible amortization

—

2,729

2,729—

2,199

2,199Research and development

27,696

17

27,71327,104

—

27,104Marketing and sales

17,504

6

17,51015,824

—

15,824General and administrative

17,308

1,395

18,70314,349

669

15,018Total operating expenses

101,837

4,249

106,086101,498

2,958

104,456Income from operations

34,061

(4,249)

29,81237,151

(2,958)

34,193Other income (expense):Investment and interest income

2,937

—

2,9373,269

—

3,269Interest expense

(497)

—

(497)(549)

—

(549)Gain on contingent consideration

—

—

——

4,337

4,337Other income (expense), net

1,315

—

1,315(190)

—

(190)Total other income, net

3,755

—

3,7552,530

4,337

6,867Income before income tax

37,816

(4,249)

33,56739,681

1,379

41,060Income tax expense


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