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Allied Healthcare Net Falls on Manufacturing Delays
Date:5/12/2008

>

Net sales $13,943,852 $13,703,784 $41,671,485 $42,455,176

Cost of sales 10,779,631 10,251,494 32,428,408 31,966,606

Gross profit 3,164,221 3,452,290 9,243,077 10,488,570

Selling General

and administrative

expenses 3,013,413 3,003,928 8,988,810 9,286,343

Income from operations 150,808 448,362 254,267 1,202,227

Interest income (13,928) (25,844) (92,874) (82,071)

Other, net 9,241 9,328 35,504 (34,551)

(4,687) (16,516) (57,370) (116,622)

Income before

provision for

income taxes 155,495 464,878 311,637 1,318,849

Provision for

income taxes 55,824 187,198 118,421 546,381

Net income $99,671 $277,680 $193,216 $772,468

Net income

per share

- Basic $0.01 $0.04 $0.02 $0.10

Net income

per share

- Diluted $0.01 $0.03 $0.02 $0.10

Weighted average

common shares

Outstanding

- Basic 7,883,577 7,883,577 7,883,577 7,873,460

Weighted average

common shares

Outstanding

- Diluted 8,122,888 8,077,696 8,117,684 8,071,832

ALLIED HEALTHCARE PRODUCTS, INC.

CONSOLIDATED BALANCE SHEET

(UNAUDITED)

March 31, 2008 June 30, 2007

ASSETS

Current assets:

Cash and cash equivalents $3,849,144 $3,638,870

Accounts receivable, net of allowances

of $340,000 and $460,000, respectively 7,146,268 7,251,767'/>"/>

SOURCE Allied Healthcare Products, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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