Inverness Medical Innovations Announces First Quarter 20...(evenue 191843 (23614)(b)(...),Health

Date:4/27/2009

evenue 191,843 (23,614)(b)(c)(d)(e) 168,229 ------- ------- ------- Gross profit 180,390 23,614 204,004 ------- ------ ------- Gross margin 48% 55% Operating expenses: Research and development 30,925 (5,380)(b)(c)(d) 25,545 Selling, general and administrative 134,687 (34,327)(b)(c)(d) 100,360 ------- ------- ------- Total operating expenses 165,612 (39,707) 125,905 ------- ------- ------- Operating income 14,778 63,321 78,099 Interest and other income (expense), net (20,753) 1,691 (f) (19,062) Income tax provision (benefit) (880) 21,966 (h) 21,086 Equity earnings of unconsolidated entities, net of tax 921 242 (b) 1,163 --- --- ----- Net income (loss) $(4,174) $43,288 $39,114 ======= ======= ======= Preferred stock dividends $- $- Net income (loss) available to common stockholders - basic $(4,174) $39,114 ======= ======= Net income (loss) per common share: Basic $(0.05) $0.51 ====== ===== Diluted $(0.05)(j) $0.48(l)
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SOURCE Inverness Medical Innovations, Inc. Copyright©2009 PR Newswire. All rights reserved

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