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Mindray Medical International Announces Second Quarter 2008 Results
Date:9/3/2008

RES

Three months ended June 30, Six months ended June 30

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 73,032 145,667 127,476 233,095

Non-GAAP net income

(note 3) 22,752 35,205 40,749 63,031

Non-GAAP net margin 31.2% 24.2% 32.0% 27.0%

Expense/Amortization

of acquired

intangible assets (613) (9,833) (1,220) (10,490)

Deferred tax impact

related to acquired

intangible assets 92 1,035 183 1,153

Effect of change in

tax rate on

deferred tax -- -- -- --

Share-based

compensation (1,867) (2,350) (3,577) (4,585)

GAAP net income 20,363 24,057 36,135 49,109

GAAP net margin 27.9% 16.5% 28.3% 21.1%

Non-GAAP income per

share - basic 0.21 0.33 0.38 0.59

Non-GAAP income per

share - diluted 0.20 0.31 0.36 0.56

GAAP income per share

- basic 0.19 0.22 0.34 0.46

GAAP income per share

- diluted 0.18 0.21 0.32 0.43

Shares used in

computation of:

Basic earnings per

share 106,163,849 107,263,477 105,962,395 107,113,068

Diluted earn
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SOURCE Mindray Medical International Limited
Copyright©2008 PR Newswire.
All rights reserved

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