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Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2008
Date:2/17/2009

income tax - long term 55 75 Deferred revenue - long term 2,333 4,607 Deferred compensation plan liabilities 2,162 1,893 Commitments and contingencies Stockholders' equity: Preferred stock, $0.0001 par value per share, 20,000,000 shares authorized, none issued and outstanding - - Common stock, $0.0001 par value per share; 200,000,000 shares authorized, 52,920,971 and 53,916,298 shares issued and outstanding at December 31, 2008 and December 31, 2007, respectively 5 5 Additional paid-in capital 382,544 415,229 Accumulated other comprehensive income 3,055 1,604 Retained earnings 428,156 321,202 Total stockholders' equity 813,760 738,040 Total liabilities and stockholders' equity $869,531 $789,053 Gen-Probe Incorporated Consolidated Statements of Income (In thousands, except per share data) Three Months Ended Twelve Months Ended December 31, December 31, 2008 2007 2008 2007 Revenues: Product sales $105,759 $92,426 $429,220 $370,877 Collaborative research revenue 2,128 5,380 20,581 16,619 Royalty and license revenue 1,254 1,143 22,894 15,518 Total revenues 109,141 98,949 472,695 403,014 Operating expenses: Cost of product sales 32,202 28,493 128,029 119,641 Research and development 24,158 24,331 1
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SOURCE Gen-Probe Incorporated
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