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Cantel Medical Reports 85% Increase in Net Income - EPS of $0.37 vs. $0.20 - for Quarter Ended October 31, 2009 on 10% Sales Increase
Date:12/9/2009

f 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)



                                          Three Months Ended
                                             October 31,
                                             -----------
                                           2009             2008
                                           ----             ----

Net sales                               $70,995          $64,406

Cost of sales                            41,537           40,783
                                         ------           ------

Gross profit                             29,458           23,623

Expenses:
  Selling                                 8,524            7,350
  General and administrative              9,305            9,024
  Research and development                1,265            1,065
                                          -----            -----
Total operating expenses                 19,094           17,439
                                         ------           ------

Income before interest and income taxes  10,364            6,184

Interest expense                            387              751
Interest income                              (8)             (70)
                                            ---              ---

Income before income taxes                9,985            5,503

Income taxes                              3,817            2,170
                                          -----            -----

Net income                               $6,168           $3,333
        
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SOURCE Cantel Medical Corp.
Copyright©2009 PR Newswire.
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