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Boston Scientific Announces Results For First Quarter Ended March 31, 2009
Date:4/20/2009

cts sold 607 580 Gross profit 1,403 1,466 Operating expenses: Selling, general and administrative expenses 651 661 Research and development expenses 257 244 Royalty expense 46 46 Amortization expense 128 143 Purchased research and development 13 Gain on divestitures (250) Restructuring charges 23 29 Litigation-related charges 287 1,392 886 Operating income 11 580 Other income (expense): Interest expense (102) (131) Other, net (6) 13 (Loss) income before income taxes (97) 462 Income tax (benefit) expense (84) 140 Net (loss) income $(13) $322 Net (loss) income per common share - basic $(0.01) $0.22 Net (loss) income per common share - assuming dilution $(0.01) $0.21 Weighted average shares outstanding - basic 1,504.8 1,494.1 Weighted average shares outstanding - assuming dilution 1,504.8 1,500.1 BOSTON SCIENTIFIC CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS March 31, December 31, In millions
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SOURCE Boston Scientific Corporation
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