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Omega Protein Reports 2009 Third Quarter Results
Date:11/3/2009

s, except per share amounts) Revenues $49,940 $54,507 $121,848 $137,744 Cost of sales 48,678 43,923 115,267 102,976 ------ ------ ------- ------- Gross (loss) profit 1,262 10,584 6,581 34,768 Selling, general and administrative expense 3,041 4,211 9,554 11,874 Research and development expense 365 630 1,047 1,280 (Insurance recoveries and other proceeds) losses relating to natural disaster and other, net 99 423 (2,166) 608 -- --- ------- --- Operating (loss) income (2,243) 5,320 (1,854) 21,006 Interest income (expense), net (2,233) (978) (3,878) (2,876) Other income (expense), net (82) 107 (296) (17) ---- --- ----- ---- (Loss) income before income taxes (4,558) 4,449 (6,028) 18,113 (Benefit) provision for income taxes (1,738) 1,335 (2,015) 6,377 ------- ----- ------- ----- Net (loss) income $(2,820) $3,114 $(4,013) $11,736 ======== ====== ======== ======= Basic (loss) earnings per share $(0.15) $0.17 $(0.21) $0.65 ======= ===== ======= ===== Weighted average common shares outstanding 18,712 18,624 18,712 18,160 ====== ====== ====== ====== Diluted (loss) earnings
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