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Hooper Holmes Announces First Quarter 2008 Results
Date:5/9/2008

these forward-looking statements are our ability to successfully implement our business strategy; uncertainty as to our working capital requirements over the next 12 to 24 months; our ability to maintain compliance with the financial covenants in our credit facility; our expectations regarding our operating cash flows; and the rate of life insurance application activity. Additional information about these and other factors that could affect the Company's business is set forth in the Company's annual report on Form 10-K for the year ended December 31, 2007, filed with the Securities and Exchange Commission on March 17, 2008. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events, except as required by law.

-Tables follow-

HOOPER HOLMES, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited; in thousands, except share and per share data)

Three Months ended March 31,

2008 2007

Revenues $59,096 $62,374

Cost of operations 42,886 47,127

Gross profit 16,210 15,247

Selling, general and administrative

expenses 15,175 16,137

Restructuring and other charges 1,653 513

Operating loss from continuing

operations (618) (1,403)

Other income (expense):

Interest expense - (21)

Interest income 75 22


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SOURCE Hooper Holmes, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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