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Haemonetics(R) Reports Strong Results for Third Quarter Fiscal 2008 with Continued Double Digit Growth in Sales
Date:1/31/2008

49.5% 49.5%

R&D 4.1% 4.1%

S,G&A 30.8% 29.9%

Operating income 14.6% 15.5%

Income before taxes 15.5% 16.4%

Net income 10.7% 11.3%

12/30/06

Resolution

of Tax Restruc- 12/30/06 Adjusted

12/30/06 Contin- turing As %

As gencies Costs adjusted Inc/(Dec)

Reported (5) (3) (7) '08 vs '07

NET REVENUES $113,527 $0 $0 $113,527 18.6%

Gross profit 56,419 0 0 56,419 18.0

R&D 5,804 0 0 5,804 (4.7)

S,G&A 33,610 0 265 33,345 20.6

Operating expenses 39,414 0 265 39,149 16.8

Operating income 17,005 0 (265) 17,270 20.6

Interest income, net 1,583 0 0 1,583 (32.4)

Other income/(expense),

net 816 0 0 816 (72.4)

Income before taxes 19,404 0 (265) 19,669 12.4

Tax expense 2,503 (3,568) (88) 6,159 12.4

NET INCOME $16,901 $3,568 ($177) $13,510 12.5

Net income per common share

assuming dilution $0.62 $0.13 ($0.01) $0.49 16.4%

Weighted average number of

shares

Basic 26,527 26,527 26,527
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SOURCE Haemonetics Corporation
Copyright©2008 PR Newswire.
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