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Osteotech Reports 2008 Second Quarter Diluted Earnings Per Share of $.10 on Revenues of $27.6 Million
Date:7/31/2008

$.10 $.05 $.14 $.01

Diluted $.10 $.05 $.14 $.01

Shares used in computing

earnings per share:

Basic 17,771,799 17,466,368 17,744,656 17,442,969

Diluted 17,919,695 18,009,774 17,904,128 17,912,380

CONSOLIDATED SEGMENT REVENUE DETAIL

(dollars in thousands)

Three Months Six Month

Ended June 30, Ended June 30,

2008 2007 2008 2007

DBM $16,575 $16,161 $33,541 $31,643

Hybrid/Synthetic 727 408 1,371 641

Traditional Tissue 5,250 4,558 10,360 9,169

Spinal Allografts 2,286 3,221 4,536 6,009

Client Services 2,397 1,944 4,821 3,872

Other Product Lines 318 178 555 353

Revenue $27,553 $26,470 $55,184 $51,687

OSTEOTECH, INC. and Subsidiaries

CONDENSED CONSOLIDATED BALANCE SHEET

(dollars in thousands)

June 30, December 31,

2008 2007

Assets

Cash and cash equivalents $19,128 $22,777

Accounts receivable, net 23,177 19,353

Deferred processing costs 29,985 30,850

Inventories 1,314 1,171

Prepaid expenses and other current assets 3,971 3,957

Total cur
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SOURCE Osteotech, Inc.
Copyright©2008 PR Newswire.
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