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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

Weighted average number of shares

Basic 25,500 26,527

Diluted 26,437 27,367

Inc/(Dec) vs

prior year

profit

Profit Margins: margin %

Gross profit 49.5% 49.7% (0.2%)

R&D 4.1% 5.1% (1.0%)

S,G&A 30.8% 29.6% 1.2%

Operating income 14.6% 15.0% (0.4%)

Income before taxes 15.5% 17.1% (1.6%)

Net income 10.7% 14.9% (4.2%)

CONSOLIDATED STATEMENTS OF INCOME FOR FYE08 YEAR TO DATE

% Inc/(Dec)

12/29/07 As 12/30/06 As vs Prior

Reported Reported Year

NET REVENUES $377,701 $332,688 13.5%

Gross profit 187,940 168,953 11.2

R&D 18,532 17,570 5.5

S,G&A 119,418 105,258 13.5

In-Process R&D 0 9,073 (100.0)

Operating expenses 137,950 131,901 4.6

Operating income 49,990 37,052 34.9

Interest income, net 4,037 4,715 (14.4)

Other income/(expense), net 1,905 2,153 (11.5)

Income before taxes 55,9
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SOURCE Haemonetics Corporation
Copyright©2008 PR Newswire.
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