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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

33,207 30,954 7.3 100,399 93,998 6.8

Red Cell 12,478 11,132 12.1 34,257 32,105 6.7

$86,938 $74,448 16.8 $249,445 $222,356 12.2

Patient

Surgical 18,981 16,989 11.7 50,907 49,298 3.3

OrthoPAT 9,086 7,491 21.3 25,122 22,132 13.5

$28,067 $24,480 14.7 $76,029 $71,430 6.4

Subtotal $115,005 $98,928 16.3 $325,474 $293,786 10.8

Equipment $8,485 $5,194 63.4 $22,286 $15,207 46.6

Software & Services 11,097 9,405 18.0 29,941 23,695 26.4

Net Revenues $134,587 $113,527 18.6% $377,701 $332,688 13.5%

CONSOLIDATED BALANCE SHEETS

Period ending

12/29/07 03/31/07

Assets

Cash & cash equivalents $116,857 $229,227

Accounts receivable, net $108,811 $91,832

Inventories, net $63,847 $61,797

Other current assets $37,741 $20,815

Total current assets $327,256 $403,671

Net PP&E $110,439 $90,775

Other assets $127,837 $78,289

Total assets $565,532 $572,735

Period ending

12/29/07 03/31/07

Liabilities & Stockholders' Equity

S/T debt & current maturities $6,206 $22,201

Other current liabilities 74,176 $59,816

Total current liabilities 80,382
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SOURCE Haemonetics Corporation
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