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Symmetry Medical Reports Full Year 2007 Financial Results
Date:4/23/2008

: Contact:

The Ruth Group Symmetry Medical Inc.

Nick Laudico/Jason Rando Fred L. Hite

(646) 536-7030/7025 Senior Vice President

nlaudico@theruthgroup.com Chief Financial Officer

jrando@theruthgroup.com (574) 371-2218

Symmetry Medical Inc.

Consolidated Statements of Operations

Years Ended

December 29, December 30, December 31,

2007 2006 2005

(Restated) (Restated)

(Unaudited) (Unaudited) (Unaudited)

(In Thousands, Except Per Share Data)

Revenue $290,922 $245,017 $259,702

Cost of Revenue 238,343 188,579 192,930

Gross Profit 52,579 56,438 66,772

Selling, general and

administrative expenses 39,484 28,278 27,570

Impairment of goodwill and

intangible assets - - 33,580

Operating Income 13,095 28,160 5,622

Other expense:

Interest expense 6,917 4,448 2,954

Derivatives valuation (gain)/loss 1,740 2,317 (98)

Other (income)/expense (503) (3,699) 2,320

Income before income taxes 4,941 25,094 446

Income tax expense 5,090 6,580 10,315

Net income (loss) $(149)
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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
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