Cantel Medical Reports 75% Increase in Net Income - EPS of $0.23 vs. $0.13 for Quarter Ended January 31, 2009

LITTLE FALLS, N.J., March 9 /PRNewswire-FirstCall/ -- CANTEL MEDICAL CORP. (NYSE: CMN - News) reported a 75% increase in net income to $3,774,000, or $0.23 per diluted share, on a 2.5% increase in sales to $62,420,000 for the second quarter ended January 31, 2009. This compares with net income of $2,157,000, or $0.13 per diluted share, on sales of $60,910,000 for the second quarter ended January 31, 2008. For the six months ended January 31, 2009, the Company reported a 74% increase in net income to $7,107,000, or $0.43 per diluted share (inclusive of $0.02 of expenses related to the relocation of its Dutch manufacturing operations to the United States), on a 5% increase in sales to $126,826,000. This compares with net income of $4,096,000, or $0.25 per diluted share, on sales of $120,915,000 for the six months ended January 31, 2008.
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