BRAINTREE, Mass., Aug. 3 /PRNewswire-FirstCall/ -- Haemonetics Corporation (NYSE: HAE - News) reported first quarter GAAP net revenues of $154 million, up 7%; net income of $18 million, up 26%, and earnings per share of $0.69, up 28%. Excluding restructuring charges in fiscal 2009 which did not recur in fiscal 2010, adjusted first quarter net income growth was 16%, and adjusted earnings per share growth was 18%.(1)