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Heska Announces 19.0% Revenue Growth for Fourth Quarter of Fiscal 2012
Date:2/25/2013

ng Heska's future financial and operating results, including Cuattro Veterinary USA, LLC, which was recently renamed Heska Imaging US, LLC ("Cuattro Vet").  These statements are based on current expectations and are subject to a number of risks and uncertainties.  Investors should note that there is an inherent risk in using past results, including trends, to predict future outcomes.  In addition, factors that could affect the business and financial results of Heska generally include the following: uncertainties related to the future success of any acquisition, including Cuattro Vet, of which Heska owns 54.6%; uncertainties related to Heska's future ownership position in Cuattro Vet as a third party has the right to repurchase Heska's 54.6% interest; uncertainties related to the commercialization of products Heska may introduce in the future, such as market acceptance; uncertainties related to Heska's ability to successfully market and sell its products in an economically sustainable manner; uncertainties related to third-party product development efforts, which Heska is significantly reliant upon; competition; risks related to Heska's reliance on third party suppliers, which is substantial; and the risks set forth in Heska's filings and future filings with the Securities and Exchange Commission, including those set forth in Heska's Quarterly Report on Form 10-Q for the quarter ended September 30, 2012.

Financial Table Follows: Consolidated Statements of OperationsIn Thousands, Except per Share Amounts(unaudited)Three Months Ended
December 31,Twelve Months Ended
December 31,2011201220112012Revenue:Core companion animal health

$

12,754$

15,691$

57,481$

61,502Other vaccines, pharmaceuticals and products2,7512,76212,58411,303Total revenue, net 15,50518,45370,06572,805Cost of revenue8,91211,04940,87841,704Gross profit6,5937,40429,18731,101Operating expenses:Selling and marketing3,8844,3191
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SOURCE Heska Corporation
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