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Osteotech Posts First Quarter Earnings Per Share of $.05 on Revenue Growth of 10%
Date:5/1/2008

come (loss) before income taxes 868 (551)

Income tax provision 60 97

Net Income (loss) $808 $(648)

Earnings (loss) per share:

Basic $.05 $(.04)

Diluted $.05 $(.04)

Shares used in computing earnings (loss)

per share:

Basic 17,716,902 17,419,332

Diluted 17,906,646 17,419,332

CONSOLIDATED SEGMENT REVENUE DETAIL

(dollars in thousands)

Three Months

Ended March 31,

2008 2007

DBM $16,966 $15,482

Hybrid/Synthetic 644 233

Traditional Tissue 5,110 4,611

Spinal Allografts 2,250 2,788

Client Services 2,424 1,928

Other Product Lines 237 175

Revenue $27,631 $25,217

OSTEOTECH, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(dollars in thousands)

March 31, December 31,

2008 2007

Assets

Cash and cash equivalents $ 21,264 $22,777

Accounts recei
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SOURCE Osteotech, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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4. Osteotech Reports 2007 Full Year and Fourth Quarter Financial Results; Full Year Revenue of $104.3 Million Exceeds $100 Million Milestone; Diluted Earnings Per Share Was $.15 in 2007
5. Osteotech to Present at the Canaccord Adams Small-Cap Orthopedics Conference in San Francisco
6. Osteotech Receives FDA Clearance for Plexur M(TM) Biocomposite
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8. U.S. Patent Office Confirms Validity of Osteotechs U.S. Patent No. 5,676,146
9. Osteotech Announces First Quarter Earnings Release and Conference Call Schedule
10. Osteotech Renews Tissue Recovery Agreement with the Euro Atlantic Transplant Alliance
11. Osteotechs Plexur P(TM) Receives FDA Clearance as Bone Void Filler and Bone Graft Extender in Spine
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