Cyberonics Reports Strong Sales Growth and Profitability in Fiscal 2009 Seco... (imates of future expensesand sales; the ...)

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
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SOURCE Cyberonics, Inc.
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