Datascope Corporation Reports Sharply Higher Earnings From Continuing Operations in the Third Quarter of Fiscal 2008

MONTVALE, N.J., May 8, 2008 (PRIME NEWSWIRE) -- Datascope Corp. (Nasdaq:DSCP) today reported that GAAP net earnings from continuing* operations in the third quarter of fiscal 2008 rose 29% to $9.0 million from $7.0 million last year, or $0.58 versus $0.45 per diluted share, as revenues increased 6% to $61.3 million. Favorable foreign currency translation increased sales by $1.4 million. A substantially lower tax rate from favorable tax adjustments contributed to third quarter net earnings from continuing operations.
MORE ON THIS TOPIC