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Symmetry Medical Reports Third Quarter 2008 Financial Results
Date:11/12/2008

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Symmetry Medical Inc.

Condensed Consolidated Statements of Operations

Three Months Ended Nine Months Ended

------------------ -----------------

October 4, September 29, October 4, September 29,

2008 2007 2008 2007

---- ---- ---- ----

(In Thousands, Except Per Share Data)

(unaudited) (unaudited) (unaudited) (unaudited)

Revenue $112,095 $75,823 $323,744 $210,259

Cost of Revenue 86,445 64,511 246,733 172,518

------ ------ ------- -------

Gross Profit 25,650 11,312 77,011 37,741

Selling,

general, and

administrative

expenses 15,165 9,032 44,474 24,713

------ ----- ------ ------

Operating Income 10,485 2,280 32,537 13,028

Other (income)

expense:

Interest expense 2,683 1,808 8,300 5,001

Loss on debt

extinguishment

Derivatives

valuation

(gain)/loss (972) 1,372 (1,041) 1,356

Other 3,079 (627) 2,581 (1,290)

----- ---- ----- ------

Income (loss)

before income

taxes 5,695 (273) 22,697 7,961

Income tax expense 3,162 814 9,995 2,738

----- --- ----- -----

Net income (loss)
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SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
All rights reserved

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