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Kensey Nash Reports Third Quarter Record Revenue and Sales
Date:4/29/2008

ax-effected impact on earnings per share of equity compensation expense was $0.25, of which $0.16 related to the acceleration of stock awards and $0.09 related to equity compensation expense prior to the acceleration, equity compensation from current year equity grants as well as a mark-to-market adjustment on stock appreciation rights. The tax-effected impact on earnings per share of equity compensation expense was $0.13 in the nine month period ended March 31, 2007.

The following chart summarizes the Company's results for the nine months ended March 31, 2008, compared to its results for the comparable period in the prior fiscal year. See attached schedules for a detailed reconciliation between the non-GAAP and reported GAAP results.

Nine Months Year over

Ended March 31, Year %

2008 2007 Change

($ millions, except per share data)

Data As Reported:

Net Sales - Biomaterials $34.2 $31.4 9%

Net Sales - Endovascular $4.6 $3.0 54%

Total Net Sales $38.8 $34.4 13%

Royalty Income $19.0 $18.1 5%

Total Revenues $57.8 $52.5 10%

Income from Operations, As Reported $8.4 $6.9 21%

Earnings Per Share, As Reported $0.47 $0.43 9%

Adjustments to Income from

Operations:

Discontinuation of Embolic

Protection $0.3 - n/m

Acceleration of Stock Awards $3.0 - n/m

Income from Operations, As Adjusted $11.7 $6.9 69%

Earnings Per Share, As Adjusted
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SOURCE Kensey Nash Corporation
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Related medicine news :

1. Kensey Nash Corporation Announces its First Quarter 2008 Earnings Release Date and Teleconference
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3. Kensey Nash Reports Acceleration of Stock Awards Triggered by Shareholder Acquisition of Greater Than 20% of Outstanding Shares
4. Kensey Nash Reports First Quarter Fiscal Year 2008 Results
5. Kensey Nash Announces Exclusive License of Optical Guidance Patent to Enhance Chronic Total Occlusion Platform
6. Kensey Nash to Present at the 19th Annual Piper Jaffray Health Care Conference
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8. Kensey Nash Reports Second Quarter EPS of $0.21 and Revenue of $19.6 Million
9. Kensey Nash to Participate in the Sidoti Twelfth Annual New York Emerging Growth Institutional Investor Forum Conference
10. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
11. Haemacure Reports Third Quarter 2007 Results
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