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Nuvasive Reports Third Quarter 2008 Financial Results
Date:10/22/2008

p://www.sec.gov" target="_new">http://www.sec.gov. Company assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.

NuVasive, Inc.

Unaudited Condensed Consolidated Statement of Operations

(in thousands, except per share data)

Three Months Ended Nine Months Ended

September 30, September 30,

2008 2007 2008 2007

Revenues $66,915 $38,522 $175,501 $107,360

Cost of goods sold 12,195 6,925 30,845 19,342

Gross Profit 54,720 31,597 144,656 88,018

Operating expenses:

Sales, marketing and

administrative 54,557 29,480 135,975 86,463

Research and development 6,396 5,702 19,797 16,463

In-process research and

development 16,700 - 20,876 -

Total operating expenses 77,653 35,182 176,648 102,926

Interest and other income

(expense), net (146) 1,302 764 4,789

Net loss $(23,079) $(2,283) $(31,228) $(10,119)

Net loss per share:

Basic and diluted $(0.64) $(0.07) $(0.88) $(0.29)

Weighted average shares -

basic and diluted 35,931 34,940 35,674 34,638

NuVasive, Inc.

Unaudited Condensed Consolidated Balance Sheets

(in thousands)

September 30, December 31,


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SOURCE NuVasive, Inc.
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