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Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2007
Date:2/13/2008

ales 28,493 27,675 119,641 103,882

Research and development 24,331 20,712 97,144 84,545

Marketing and sales 11,348 9,563 39,928 37,096

General and administrative 12,265 10,832 47,007 44,936

Total operating expenses 76,437 68,782 303,720 270,459

Income from operations 22,512 22,277 99,294 84,305

Interest income 3,837 2,755 12,772 8,301

Interest expense - (1) 30 (63)

Other income / expense (144) 854 (499) 451

Total other income, net 3,693 3,608 12,303 8,689

Income before income tax 26,205 25,885 111,597 92,994

Income tax expense 5,793 8,751 25,457 33,496

Net income $20,412 $17,134 $86,140 $59,498

Net income per share:

Basic $0.38 $0.33 $1.63 $1.15

Diluted $0.37 $0.32 $1.58 $1.12

Weighted average

shares outstanding:

Basic 53,769 51,835 52,975 51,538

Diluted 55,310 53,305 54,522 53,101

Gen-Probe Incorporated

Consolidated Statements of Cash Flows

(In thousands)

Twelve Months Ended

December 31,

2007 2006

Operating activities:

Net income $86,140 $59,498

Adjustments to reconcile net income to net

cash provided by opera
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SOURCE Gen-Probe Incorporated
Copyright©2008 PR Newswire.
All rights reserved

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