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Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006

date on which the statement was made.




Three months ended, Twelve months ended,

June 30, June 30,

2007 2006 2007 2006

Net sales $14,045,798 $14,462,919 $56,500,974 $57,545,589

Cost of sales 10,061,519 11,161,944 42,028,125 43,292,746

Gross profit 3,984,279 3,300,975 14,472,849 14,252,843

Selling General and

administrative expenses 2,765,157 2,918,066 12,051,500 12,112,624

Income from operations 1,219,122 382,909 2,421,349 2,140,219

Interest income (28,719) (17,002) (110,790) (52,988)

Other, net 10,710 8,904 (23,839) 37,758

(18,009) (8,098) (134,629) (15,230)

Income before provision

for income taxes 1,237,131 391,007 2,555,978 2,155,449

Provision for income

taxes 368,019 (238,345) 914,400 506,845

Net income $869,112 $629,352 $1,641,578 $1,648,604

Net income per

share - Basic $0.11 $0.08 $0.21 $0.21

Net income per

share - Diluted $0.11 $0.08 $0.20 $0.20

Weighted average common

shares Outstanding -

Basic 7,883,577 7,852,077 7,875,982 7,840,858

Weighted average common

shares Outstanding -

Diluted 8,111,872 8,081,626 8,085,375 8,066,311


SOURCE Allied Healthcare Products, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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