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Gen-Probe Reports Strong Financial Results for First Quarter 2008, Raises Full-Year Guidance
Date:4/28/2008

employee benefits 17,929 20,997

Other accrued expenses 4,977 4,014

Income tax payable 13,957 846

Deferred revenue - short term 2,957 2,836

Total current liabilities 54,765 40,470

Non-current income tax payable 4,341 3,958

Deferred income tax - long term 75 75

Deferred revenue - long term 4,441 4,607

Deferred rent - 10

Deferred compensation plan liabilities 2,348 1,893

Commitments and contingencies

Stockholders' equity:

Preferred stock, $.0001 par value per share,

20,000,000 shares authorized, none issued and

outstanding - -

Common stock, $.0001 par value per share;

200,000,000 shares authorized, 53,992,269 and

53,916,298 shares issued and outstanding at

March 31, 2008 and December 31, 2007, respectively 5 5

Additional paid-in capital 423,452 415,229

Accumulated other comprehensive income 2,974 1,604

Retained earnings 353,147 321,202

Total stockholders' equity 779,578 738,040

Total liabilities and stockholders' equity $845,548 $789,053

Gen-Probe Incorporated

Consolidated Statements of Income

(In thousands, except per share data)

Three Months Ended

March 31,


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SOURCE Gen-Probe Incorporated
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