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Inverness Medical Innovations Announces Fourth Quarter 2008 Results
Date:2/18/2009

220 257,139 Gross margin 54% 56% Operating expenses: Research and development 25,402 (2,506) (b)(c)(d) 22,896 Purchase of in- process research and development - - - Selling, general and administrative 188,192 (56,579) (b)(c)(d) 131,613 Total operating expenses 213,594 (59,085) 154,509 Operating income 32,325 70,305 102,630 Interest and other income (expense), net (19,205) 147 (c) (19,058) Income tax (benefit) provision (3,412) 28,192 (h) 24,780 Equity earnings of unconsolidated entities, net of tax (119) 1,505 (b)(c) 1,386 Net income (loss) $16,413 $43,765 $60,178 Preferred stock dividends $(5,490) (5,490) Net income (loss) available to common stockholders - basic $10,923 $54,688 Net income (loss) per common share: Basic $0.14 $0.70 Diluted $0.14 (i) $0.66 (k) Weighted average common shares - basic 78,217 78,217 Weighted average common shares - diluted 78,941 (i) 92,853 (k) Three Months Ended December 31, 2007 Non-GAAP Adjusted Non-GAAP Cash
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SOURCE Inverness Medical Innovations, Inc.
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1. Inverness Medical Innovations Schedules Conference Call for 10:00 a.m. ET February 18, 2009 to Discuss Fourth Quarter 2008 Results
2. James Roosevelt, Jr. Joins Inverness Medical Innovations Board of Directors
3. Inverness Medical Innovations to Present at the 2009 UBS Global Healthcare Services Conference on February 10, 2009
4. Inverness Medical Innovations Presents the pima(TM) Point-of-Care CD4 Instrument at ICASA 2008
5. Inverness Medical Innovations to Participate at JP Morgan Healthcare Conference on January 13, 2009
6. Inverness Medical Innovations Declares Dividend on its Series B Convertible Perpetual Preferred Stock
7. Inverness Medical Innovations to Present at RBC Capital Markets 2008 Healthcare Conference on December 11, 2008
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9. Inverness Medical Innovations to Present at the Third Annual JMP Securities Healthcare Focus Conference on October 7, 2008
10. Inverness Medical Innovations Announces 4th Generation Rapid HIV Test - Determine(TM) HIV-1/2 Ag/Ab Combo
11. Law Offices of Howard G. Smith Announces 24 Days Remaining to Move to Be a Lead Plaintiff in the Shareholder Lawsuit Against Inverness Medical Innovations, Inc.
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