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Cantel Medical Reports 25% Increase in Net Income - EPS of $0.35 vs. $0.29 - for Quarter Ended October 31, 2011 on 30% Sales Increase
Date:12/8/2011

within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks and uncertainties, including, without limitation, the risks detailed in Cantel's filings and reports with the Securities and Exchange Commission. Such forward-looking statements are only predictions, and actual events or results may differ materially from those projected or anticipated.

 CANTEL MEDICAL CORP. CONDENSED CONSOLIDATED STATEMENTS OF INCOME(In thousands, except per share data)(unaudited) 

 

 

 

  

 

Three Months Ended 

 

October 31, 

 

2011

 

2010 

 

 

 

 Net sales

 

$
93,262

 

$
71,993 

 

 

 

 Cost of sales

 

55,312

 

43,801 

 

 

 

 Gross profit

 

37,950

 

28,192 

 

 

 

 Expenses:

 

 

 

   Selling

 

12,923

 

9,631  General and administrative

 

12,102

 

9,118  Research and development

 

2,145

 

1,629Total operating expenses

 

27,170

 

20,378 

 

 

 

 Income before interest and income taxes

 

10,780

 

7,814 

 

 

 

 Interest expense 

1,031


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SOURCE Cantel Medical Corp.
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