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Martek Announces Third Quarter 2009 Financial Results
Date:9/2/2009

$83,481 $247,218 $249,965 Contract manufacturing sales 2,790 4,922 10,390 12,045 ----- ----- ------ ------ Total revenues 77,834 88,403 257,608 262,010 ------ ------ ------- ------- Cost of revenues: Cost of product sales 41,129 47,334 137,337 143,010 Cost of contract manufacturing sales 2,675 4,374 10,101 10,826 ----- ----- ------ ------ Total cost of revenues 43,804 51,708 147,438 153,836 ------ ------ ------- ------- Gross margin 34,030 36,695 110,170 108,174 ------ ------ ------- ------- Operating expenses: Research and development 6,604 6,278 20,510 19,078 Selling, general and administrative 11,439 13,554 37,411 40,769 Amortization of intangible assets 1,534 1,919 4,910 5,475 Other operating expenses 234 341 956 590 --- --- --- --- Total operating expenses 19,811 22,092 63,787 65,912 ------ ------ ------ ------ Income from operations 14,219 14,603 46,383 42,262 Interest income (expense) and other, net 81 337 427 863 -- --- --- --- Income before income tax provision 14,300 14,940 46,810 43,125 Income tax provision 5,372 5
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SOURCE Martek Biosciences Corporation
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