Datascope Corporation Reports First Quarter Fiscal 2007 Results

MONTVALE, NJ -- (MARKET WIRE) -- October 31, 2006 -- Datascope Corp. (NASDAQ: DSCP) today announced financial results for its first quarter of fiscal 2007 ended September 30, 2006. The Company reported net earnings of $4.5 million, or $0.29 per diluted share, in the first quarter of fiscal 2007 compared with $6.1 million, or $0.40 per diluted share, in the same period last year. Net earnings for the fiscal first quarter of 2006 included a special gain on the sale of an unused facility of $0.8 million, or $0.05 per share. Consolidated sales for the first quarter of fiscal 2007 were $87.2 million compared with $88.3 million last year. Favorable foreign exchange translation contributed $0.7 million to sales in the first quarter of fiscal 2007.

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