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CryoLife Reports Record Quarterly Revenues of $28.2 Million
Date:10/29/2009

services and products 11,178 9,643 30,899 28,242 ------ ----- ------ ------ Gross margin 17,041 17,161 52,171 51,285 ------ ------ ------ ------ Operating expenses: General, administrative, and marketing 12,386 12,072 37,440 36,497 Research and development 1,461 1,186 3,854 3,938 ----- ----- ----- ----- Total operating expenses 13,847 13,258 41,294 40,435 ------ ------ ------ ------ Operating income 3,194 3,903 10,877 10,850 ----- ----- ------ ------ Interest expense 58 62 168 201 Interest income (10) (92) (73) (285) Other expense, net 8 142 100 115 - --- --- --- Income before income taxes 3,138 3,791 10,682 10,819 Income tax expense 1,276 235 4,369 610 ----- --- ----- --- Net income $1,862 $3,556 $6,313 $10,209 ====== ====== ====== ======= Income per common share: Basic $0.07 $0.13 $0.22 $0.37 ===== ===== ===== ===== Diluted $0.07 $0.12 $0.22 $0.36 ===== ===== ===== ===== Weighted average common shares outstanding: Basic
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SOURCE CryoLife, Inc.
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