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Heska Announces Q3 2008 Results
Date:11/10/2008

(unaudited)

Three Months Nine Months

Ended Ended

September 30, September 30,

2007 2008 2007 2008

Revenue, net:

Product revenue, net:

Core companion animal health $15,601 $18,944 $48,828 $53,623

Other vaccines, pharmaceuticals

and products 3,399 2,426 12,262 11,581

Total product revenue, net 19,000 21,370 61,090 65,204

Research, development and other 491 316 1,203 1,015

Total revenue 19,491 21,686 62,293 66,219

Cost of revenue:

Cost of products sold 11,825 13,402 35,790 41,395

Cost of research, development

and other 58 88 234 321

Total cost of revenue 11,883 13,490 36,024 41,716

Gross profit 7,608 8,196 26,269 24,503

Operating expenses:

Selling and marketing 3,795 4,458 12,172 14,024

Research and development 663 506 2,109 1,462

General and administrative 2,017 2,134 7,042 6,756

(Gain) on sale of assets -- -- (47) --

Total operating expenses 6,475 7,098 21,276 22,242

Income from operations 1,133 1,098 4,993 2,261

Interest and other expense, net 94 153 433 500

Income before income taxes 1,039 945 4,560 1,761

Income tax expense:

Current 23 54 112 173

Net operat
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SOURCE Heska Corporation
Copyright©2008 PR Newswire.
All rights reserved

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