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Boston Scientific Announces Results for Fourth Quarter and Year Ended December 31, 2008
Date:1/28/2009

365 3,820 1,947 Operating loss (2,448) (430) Other income (expense): Interest expense (107) (137) Other, net (2) (29) Loss before income taxes (2,557) (596) Income tax benefit (127) (138) Net loss $(2,430) $(458) Net loss per common share - basic $(1.62) $(0.31) Net loss per common share - assuming dilution $(1.62) $(0.31) Weighted average shares outstanding -basic 1,501.5 1,490.8 Weighted average shares outstanding - assuming dilution 1,501.5 1,490.8 BOSTON SCIENTIFIC CORPORATION CONDENSED CONSOLIDATED GAAP RESULTS OF OPERATIONS (Unaudited) Year Ended December 31, In millions, except per share data 2008 2007 Net sales $8,050 $8,357 Cost of products sold 2,469 2,342 Gross profit 5,581 6,015 Operating expenses: Selling, general and administrative expenses 2,566 2,909 Research and development expenses 1,006 1,091 Royalty expense 203 202 Amortization expense 543 620 Int
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