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China Medical Technologies Reports Third Fiscal Quarter Financial Results
Date:3/3/2010

6 7,354 10,234 1,499 Amortization of acquired intangible assets 31,586 49,787 49,755 7,289 Acquired in-process research and development 244,872 -- -- -- Non-cash interest expense of convertible notes arising from the adoption of new guidance 7,153 7,621 7,618 1,116 Non-GAAP income from continuing operations 119,692 17,670 45,618 6,683 GAAP net margin -- -- -- -- Non-GAAP net margin 53.1% 10.6% 26.5% 26.5% Loss from continuing operations per ADS - basic (6.80) (1.78) (0.84) (0.12) - diluted (6.80) (1.78) (0.84) (0.12) Non-GAAP earnings from continuing operations per ADS - basic 4.56 0.67 1.74 0.25 - diluted(1) 4.56 0.67 1.74 0.25 Weighted average number of ADS - basic 26,242,974 26,432,974 26,262,471 26,262,471 - diluted(1) 26,242,974 26,432,974 26,262,471 26,262,471 Notes: (1) Interest expense and amortization in connection with convertible notes were not added back in computing non-GAAP diluted earnings from continuing operations per ADS for the three months ended December 31, 2008 (as adjusted), September 30, 2009 and December 31, 2009 because the ordinary shares issued upon conversion of convertible notes (using the if-converted method) were anti-dilutive. (2) As a result of the adoption of new authoritative guidance changing the accounting for convertible instruments that can be settled in cash or partially in cash upon conversion, the Company adjuste
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SOURCE China Medical Technologies, Inc.
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