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Boston Scientific Announces Results for Third Quarter Ended September 30, 2008

Litigation-related charges 334

Restructuring charges 20

Acquisition-related milestone (250)

Loss on assets held for sale 352

1,295 1,620

Operating income (loss) 28 (147)

Other income (expense):

Interest expense (112) (147)

Other, net 16 35

Loss before income taxes (68) (259)

Income tax (benefit) expense (6) 13

Net loss $(62) $(272)

Net loss per common share - basic $(0.04) $(0.18)

Net loss per common share - assuming

dilution $(0.04) $(0.18)

Weighted average shares outstanding -

basic 1,500.9 1,489.8

Weighted average shares outstanding -

assuming dilution 1,500.9 1,489.8




Three Months Ended Three Months Ended

September 30, 2008 September 30, 2007

Impact per Impact per

In millions, except per Net (loss) diluted Net (loss) diluted

share data income share income share

GAAP results $(62) $(0.04) $(272) $(0.18)

Non-GAAP adjustments:

Acquisition-related (credits)


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

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