Immucor Announces Fiscal First Quarter Results; EPS $.30

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Immucor, Inc. (Nasdaq: BLUD), a global leader in providing automated instrument-reagent systems to the blood transfusion industry, today reported financial results for its fiscal 2011 first quarter ended August 31, 2010.Highlights--Revenue for the first quarter of fiscal 2011 was $83.6 million, up 1% from $83.1 million in the prior year quarter. --Gross margin was 71.3% in the quarter compared with 71.9% in the prior year quarter. --Diluted earnings per share totaled $0.30 in the quarter compared with $0.30 for the same period last year. --Cash flow from operations for the quarter ended August 31, 2010 was $28.9 million compared with $24.5 million in the prior year. --Worldwide instrument orders for the first quarter of fiscal year 2011 were 26 Echo® orders and 18 NEO™ orders. NEO is the Company's new high volume instrument that is currently in the process of being launched worldwide.

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