5,536)
Income tax (benefit)
provision (13,274) 71,050(j) 57,776
Equity earnings of
unconsolidated entities,
net of tax 1,169 6,678(b)( c ) 7,847
Net (loss) income $(38,181) $153,169 $114,988
Preferred stock dividends $(8,500) $(8,500)
Net (loss) income
available to common
stockholders - basic $(46,681) $106,488
Net (loss) income per common
share
Basic $(0.60) $1.37
Diluted $(0.60)(k) $1.30(l)
Weighted average common
shares - basic 77,630 77,630
Weighted average common
shares - diluted 77,630(k) 83,390(l)
Nine Months Ended September 30, 2007
Non-GAAP
Non-GAAP Adjusted Cash
GAAP Adjustments Basis(a)
Net revenue $551,580 $- $551,580
Cost of revenue 296,604 (21,611)(b)(d)(e) 274,993
Gross profit 254,976 21,611 276,587
Gross margin 46% 50%
Operating expenses:
Research and development 44,649 (3,759)(b)( c )(d) 40,890
Purchase of in-process
research and development 169,000 (169,000)(f) -
Selling, general and
administrative 224,008 (71,921)(b)( c )(d) 152,087
Total operating expenses 437,657 (244,680) 192,977
Operating income (loss)
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SOURCE Inverness Medical Innovations, Inc. Copyright©2008 PR Newswire. All rights reserved | |
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Related biology technology :1.
Inverness Medical Innovations Schedules Conference Call for 10:00 a.m. ET October 29, 2008 to Discuss Third Quarter 2008 Results2.
Inverness Medical Innovations to Present at the UBS Global Life Sciences Conference on September 22, 20083.
Inverness Medical Innovations to Attend the Goldman Sachs Diagnostics Conference on September 18, 20084.
Inverness Medical Innovations Declares Dividend on its Series B Convertible Perpetual Preferred Stock5.
Inverness Medical Innovations to Present at the Morgan Stanley Global Healthcare Unplugged Conference on September 9, 20086.
Inverness Medical Innovations Features Innovative TB Diagnostic - Clearview(R) TB ELISA at AIDS 20087.
Inverness Medical Innovations to Present at Canaccord Adams 28th Annual Growth Conference on August 12, 20088.
Inverness Medical Innovations Announces Second Quarter 2008 Results9.
Inverness Medical Innovations to Present at Jefferies 2nd Annual Healthcare Conference held on June 25, 200810.
Inverness Medical Innovations to Present at 7th Annual Needham & Company, LLC Biotechnology & Medical Technology Conference on June 12, 200811.
Inverness Medical Innovations to Present at FBR Capital Markets 12th Annual Spring Investor Conference on May 28, 2008