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Cyberonics Reports Strong Sales Growth and Profitability in Fiscal 2009 Second Quarter
Date:11/19/2008

imates of future expenses and sales; the results of the previously disclosed governmental inquiries; the potential identification of material weaknesses in our internal controls over financial reporting; risks and costs associated with such governmental inquiries and any litigation relating thereto or to our stock option grants, procedures, and practices (including the previously disclosed private litigation); uncertainties associated with stockholder litigation; and other risks detailed from time to time in our filings with the Securities and Exchange Commission (SEC). For a detailed discussion of these and other cautionary statements, please refer to our most recent filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended April 25, 2008, and Quarterly Report on Form 10-Q for the quarterly period ended July 25, 2008.

     Contact information
     Greg Browne, CFO
     Cyberonics, Inc.
     100 Cyberonics Blvd.
     Houston, TX 77058
     Main:  (281) 228-7262
     Fax:  (281) 218-9332
     ir@cyberonics.com



                       CYBERONICS, INC. AND SUBSIDIARY
                     CONDENSED CONSOLIDATED BALANCE SHEET

                                                October 24,        April 25,
                                                    2008             2008
                                                (Unaudited)
                     ASSETS
    Current Assets:
       Cash and cash equivalents                $69,340,855      $91,058,692
       Restricted cash                            1,000,000        1,000,000
       Accounts receivable, net                  20,155,709       20,039,832
       Inventories                               12,580,660       12,829,710
       Other current assets                       1,991,727        2,108,185
          Total Current Assets                  105,068,951      127,036,419
       Property a
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SOURCE Cyberonics, Inc.
Copyright©2008 PR Newswire.
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