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Boston Scientific Announces Results for First Quarter Ended March 31, 2008
Date:4/21/2008

1,518

Operating expenses

Selling, general and administrative expenses 661 735

Research and development expenses 244 289

Royalty expense 46 52

Amortization expense 143 155

Purchased research and development 13 5

Restructuring charges 29

Gain on divestitures (250)

886 1,236

Operating income 580 282

Other income (expense):

Interest expense (131) (141)

Other, net 13 18

Income before income taxes 462 159

Income tax expense 140 39

Net income $322 $120

Net income per common share -

assuming dilution $0.21 $0.08

Weighted average shares outstanding -

assuming dilution 1,500.1 1,497.8

BOSTON SCIENTIFIC CORPORATION

NON-GAAP NET INCOME AND NET INCOME PER COMMON SHARE RECONCILIATIONS

(Unaudited)

Three Months Three Months

Ended Ended

March 31, 2008 March 31, 2007

Impact Impact

per per


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SOURCE Boston Scientific Corporation
Copyright©2008 PR Newswire.
All rights reserved

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