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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

,944)Non-GAAP net income$64,273$57,750Non-GAAP net income per common share assuming dilutionGAAP net income per common share assuming dilution$0.50$0.95Non-GAAP items after tax per common share assuming dilution

$

0.73$

0.17Non-GAAP net income per common share assuming dilution$1.23$1.12Presented below are additional Constant Currency performance measures. We measure different components of our business at constant currency. We believe this information is useful for investors because it allows for an evaluation of the Company without the effect of changes in foreign exchange rates. These results convert our local foreign currency operating results to the US Dollar at constant exchange rates of 0.833 Euro to 1.00 US Dollar and 110 Yen to 1.00 US Dollar. They also exclude the results of our foreign currency hedging program described in Note 7 to our consolidated financial statements in our Form 10-K.Nine Months Ended12/29/201212/31/2011Non-GAAP revenuesGAAP revenue$642,048$541,174Foreign currency effects

(44,440)(40,105)Non-GAAP revenue - constant currency$597,608$501,069Non-GAAP net incomeNon-GAAP net income, adjusted for restructuring, transformation costs and contingent consideration income$64,273$57,750Foreign currency effects

(19,588)(13,293)Income tax associated with foreign currency effects

5,6613,628Non-GAAP net income - constant currency$50,346$48,085Non-GAAP net income per common share assuming dilutionNon-GAAP net income per common share assuming dilution, adjusted for restructuring, transformation costs and contingent consideration income$1.23$1.12Foreign currency effects after tax per common share assuming dilution

$

(0.27)$

(0.19)Non-GAAP net income per common share assuming dilution - constant currency$0.96$0.93 Restructuring, Transformation and Other Costs(Unaudited data in thousands) 

GAAP results include the following items which are excluded from adjust
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SOURCE Haemonetics Corporation
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