SOUTH WINDSOR, Conn.—In pre-tax operating results for the fiscal quarter ended July 31, 2007, Gerber Scientific (NYSE:GRB) reported operating income of $4.4 million on revenue of $153.7 million. This compared with operating income of $4.4 million on revenue of $137.5 million for the first quarter of fiscal 2007.

Foreign currency translation had the effect of increasing revenue by approximately $6.2 million for the fiscal 2008 first quarter over the fiscal 2007 comparable period. Included in the company's operating income for the fiscal quarter ended July 31, 2007 were incremental pre-tax severance related costs of $0.8 million as compared with the same period in fiscal 2007.

Gerber Scientific reported income before income taxes for the fiscal quarter ended July 31, 2007 of $4.1 million, compared with $3.4 million for the first quarter of fiscal 2007. The company's income before income taxes for the first quarter of fiscal 2008 included incremental pre-tax severance related costs of $0.8 million as referred to above and a non-operating gain of $1.0 million from the sale of a product line within the Gerber Coburn ophthalmic lens processing segment.

The company generated cash flow from operations, less capital expenditures, for the first quarter of fiscal 2008 of $3.4 million as compared with a use of cash of $10.1 million in the prior year comparable period.

Gerber Scientific president and chief executive officer, Marc T. Giles noted that operating margin as a percentage of revenue improved to 3.4 percent from 3.2 percent in the first quarter of fiscal 2007. “This improvement was primarily a result of strong operating performance in our apparel and flexible materials and ophthalmic lens processing segments," Giles said.