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Mindray Announces 2008 Fourth Quarter and Full Year Results
Date:3/4/2009

. The Company concluded that the amount of the understatement was not material to the financial statements in any previous periods, nor to the net income for the year ended December 31, 2008 or the trend of earnings. MINDRAY MEDICAL INTERNATIONAL LIMITED RECONCILIATIONS OF NON-GAAP RESULTS OF OPERATIONS MEASURES TO THE NEAREST COMPARABLE GAAP MEASURES Three months ended December 31, Year ended December 31, 2007 2008 2007 2008 US$ US$ US$ US$ (unaudited) (unaudited) (unaudited) (unaudited) (In thousands, except (In thousands, except share and per share data) share and per share data) Net revenues 91,133 167,903 294,295 547,527 Non-GAAP net income 25,155 35,969 88,644 132,671 Non-GAAP net margin 27.6% 21.4% 30.1% 24.2% Amortization of acquired intangible assets, acquired inventory fair value adjustments and IPR&D (641) (2,094) (2,484) (17,373) Deferred tax impact related to acquired intangible assets 96 (651) 373 2,173 Effect of change in tax rate on deferred tax (780) 836 (780) 836 Restructuring charges -- (899) -- (899) Share-based
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SOURCE Mindray Medical International Limited
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