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Immucor Announces Fiscal Second Quarter Results; Raises Fiscal 2009 EPS Guidance
Date:1/7/2009

s and its affiliates or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this Press Release can be found in the Company's Risk Factor disclosures in its Form 10-K for the year ended May 31, 2008, and its Form 10-Q for the quarter ended August 31, 2008. Immucor assumes no obligation to update any forward-looking statements.



                                IMMUCOR, INC.
                 CONDENSED CONSOLIDATED STATEMENTS OF INCOME
               (Unaudited, in thousands except per share data)

                                Three Months Ended        Six Months Ended
                           November 30, November 30, November 30, November 30,
                               2008         2007         2008         2007

    NET SALES                 $ 73,021     $ 61,924    $ 146,197   $ 125,556

    COST OF SALES               19,463       20,050       39,214      37,802

    GROSS PROFIT                53,558       41,874      106,983      87,754

    OPERATING EXPENSES
      Research and development   2,896        1,434        4,777       3,489
      Selling and marketing     10,713        7,844       20,182      15,413
      Distribution               3,549        2,646        7,017       5,330
      General and
       administrative            7,467        6,278       14,925      12,158
      Restructuring expense          -          192            -         723
      Amortization expense and
       other                     1,071           87        1,596         173
        Total operating
         expenses               25,696       18,481       48,497      37,286

    INCOME FROM OPERATIONS      27,862       23,393       58,486      50,468

    NON-OPERATING INCOME (EXPENSE)
      Interest income              586        1,131        1,380       2,244
      Interest expense             (77)         (86)        (203)   
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SOURCE Immucor, Inc.
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