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Haemonetics Reports 3rd Quarter Fiscal 2013 Revenue Up 29% and $0.50 Adjusted EPS; Year-To-Date Organic Revenue Up 3%; Reaffirms Fiscal 2013 Adjusted EPS Guidance of $1.65-$1.70
Date:1/30/2013

ion, certain inventory costs and base business restructuring and transformation costs in fiscal 2013 and $13.2 million of base business restructuring and transformation costs and $1.6 million contingent consideration income in fiscal 2012 which are excluded from adjusted results. 

CONTACT:
Gerry Gould, VP-Investor Relations
Tel. (781) 356-9402
gerry.gould@haemonetics.com
Alt. (781) 356-9613Haemonetics Corporation Financial Summary(Unaudited data in thousands, except per share data)Consolidated Statements of Income for the Third Quarter of FY13 and FY1212/29/201212/31/2011% Inc/(Dec)As ReportedAs Reportedvs Prior YearNet revenues$

247,395$

191,16029.4

%Gross profit

113,11595,93117.9

%R&D

10,5889,23214.7

%S,G&A

86,78061,37641.4

%Operating expenses

97,36870,60837.9

%Operating income

15,74725,323(37.8)

%Other income (expense), net

(2,542)140Income before taxes

13,20525,463(48.1)

%Tax expense

3,3017,211(54.2)

%Net income$9,904$18,252(45.7)

%Net income per common share assuming dilution$0.19$0.36(47.2)

%Weighted average number of shares:Basic

51,70750,154Diluted

52,60650,876Profit Margins:Inc/(Dec) vs prior year profit margin %Gross profit

45.7

%50.2

%(4.5)

%R&D

4.3

%4.8

%(0.5)

%S,G&A

35.1

%32.1

%3.0

%Operating income

6.4

%13.2

%(6.8)

%Income before taxes

5.3

%13.3

%(8.0)

%Net income

4.0
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SOURCE Haemonetics Corporation
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