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Haemonetics(R) Reports Strong Results for Third Quarter Fiscal 2008 with Continued Double Digit Growth in Sales

, net (14.4)

Other income/(expense), net (11.5)

Income before taxes 7.2

Tax expense (0.5)


Net income per common share

assuming dilution 15.3%

Weighted average number of shares



Profit Margins: Inc/(Dec) vs. prior

year profit

margin %

Gross profit (1.0%)

R&D (0.4%)

S,G&A (0.2%)

Operating income (0.4%)

Income before taxes (0.9%)

Net income (0.2%)


Three Months Ended Nine Months Ended

12-29-07 12-30-06 12-29-07 12-30-06

GAAP CASH FLOW FROM OPERATIONS $24,876 $25,968 $45,754 $59,467

Capital expenditures ($15,242) ($9,695) ($42,497) ($26,985)

Proceeds from sale of property,

plant and equipment $1,187 $834 $3,149 $2,588

Net investment in property, plant

and equipment ($14,055) ($8,861) ($39,348) ($24,397)

Free Cash Flow $10,821 $17,107 $6,406 $35,070

(1) Haemonetics' Q3FY08 adjusted financial r

SOURCE Haemonetics Corporation
Copyright©2008 PR Newswire.
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