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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

26,527

Diluted 27,367 27,367 27,367 27,367

Profit Margins: Inc/(Dec)

vs prior

year

profit

margin %

Gross profit 49.7% 49.7% (0.2%)

R&D 5.1% 5.1% (1.0%)

S,G&A 29.6% 29.4% 0.5%

Operating income 15.0% 15.2% 0.3%

Income before taxes 17.1% 17.3% (0.9%)

Net income 14.9% 11.9% (0.6%)

FYE08 YEAR TO DATE

CONSOLIDATED STATEMENTS OF INCOME ADJUSTED FOR CERTAIN ITEMS

12/29/07

Restructuring

12/29/07 As Costs 12/29/07 As

Reported (3) Adjusted (4)

NET REVENUES $377,701 $0 $377,701

Gross profit 187,940 0 187,940

R&D 18,532 0 18,532

S,G&A 119,418 4,009 115,409

In-Process R&D 0 0 0

Operating expenses 137,950 4,009 133,941

Operating income 49,990 (4,009) 53,999

Interest income, net 4,037 0 4,037


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SOURCE Haemonetics Corporation
Copyright©2008 PR Newswire.
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