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Heska Announces 15% Revenue Growth, Fourth Consecutive Profitable Quarter, for the Second Quarter of 2011
Date:7/27/2011

llion or $0.26 per basic and diluted share, compared with a net loss of ($495,000) or ($0.09) per basic and diluted share last year. The first six months of last year's results included a ($495,000) deferred income tax benefit.

Balance Sheet and LiquidityAs of June 30, 2011, Heska had $5.7 million in cash and working capital of $18.7 million. During the quarter, the Company generated strong cash from operations to eliminate all borrowings under its line of credit, ending the quarter with no debt. Stockholders' equity increased 4.2% to $47.7 million compared to $45.8 million as of December 31, 2010.

Investor Conference CallManagement will conduct a conference call on Wednesday, July 27, 2011 at 9 a.m. MDT (11 a.m. EDT) to discuss the second quarter 2011 financial results.  To participate, dial (877) 941-1465 (domestic) or (480) 629-9866 (international); the conference call access number is 4458377.  The conference call will also be broadcast live over the Internet at http://www.heska.com.  To listen, simply log on to the web at this address at least ten minutes prior to the start of the call to register, download and install any necessary audio software.  Telephone and webcast replays of the conference call will be available for playback until August 10, 2011.  The telephone replay may be accessed by dialing (800) 406-7325 (domestic) or (303) 590-3030 (international).  The webcast replay may be accessed from Heska's home page at www.heska.com until August 10, 2011.

About HeskaHeska Corporation (NASDAQ: HSKA) sells advanced veterinary diagnostic and other specialty veterinary products.  Heska's state-of-the-art offerings to its customers include

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