Mindray Announces First Quarter 2009 Financi...(nues generated outside China 71.8 ...),Health

Date:5/11/2009

nues generated outside China 71.8 44.6 60.8% Non-GAAP Gross Profit (1) 76.3 50.2 52.0% GAAP Gross Profit 74.7 49.4 51.2% Non-GAAP Operating Income (1) 34.7 30.8 12.6% GAAP Operating Income 29.4 27.9 5.4% Non-GAAP Net Income (1) 30.5 27.8 9.6% GAAP Net Income 25.3 25.1 1.2% Non-GAAP Diluted EPS (1) 0.27 0.25 10.5% GAAP Diluted EPS 0.23 0.22 1.9%

(1) Mindray provides gross margin, R&D expenses, selling expenses, general

        and administrative expenses, operating margin, net income and earnings
        per share on a non-GAAP basis that excludes non-cash, share-based
        compensation expense, acquired intangible assets amortization expense
        and termination payments to enable investors to better assess the
        company's operating performance. The non-GAAP measures are described
        below and reconciled to the corresponding GAAP measure in the section
        below titled "Use of Non-GAAP Financial Measures."

Revenues

Mindray reported net revenues of $134.2 million for the first quarter 2009, a 53.5% increase from $87.4 million for the first quarter 2008.

Net revenues generated in China in the first quarter 2009 increased 45.8% to $62.4 million from $42.8 million for the first quarter 2008, while net revenues generated in international markets in the first quarter 2009 increased 60.8% to $71.8 million from $44.6 million for the first quarter 2008.

Performance by Segment

Patient Monitoring & Life Support Products: Patient monitoring & life support products segment revenues increased 97
'/>"/>

SOURCE Mindray Medical International Limited Copyright©2009 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Related medicine news :

1. Mindray Files Annual Report on Form 20-F with U.S. Securities and Exchange Commission
2. Mindray to Report First Quarter 2009 Financial Results on May 11, 2009
3. Mindray Medical to Exhibit New Products at 61st China International Medical Equipment Fair
4. Mindray Announces Option Exchange Offer
5. Mindray to Report Fourth Quarter and Fiscal Year 2008 Financial Results on March 4, 2009
6. Mindray Medical Achieves 2008 Product Development Goals and Announces Strong Pipeline for 2009
7. Mindray Announces Preliminary 2008 Operating Results
8. Mindray Medical to Present at the 27th Annual J.P. Morgan Healthcare Conference
9. Mindray Medical to Exhibit at RSNA 2008 in Chicago, from November 30th to December 4th, 2008
10. Mindray Announces 2008 Third Quarter and Nine Months Results
11. Mindray to Report Third Quarter 2008 Financial Results on November 11, 2008