Navigation Links
NuVasive Reports Fourth Quarter and Full Year 2008 Financial Results
Date:2/25/2009

the full year 2008 was $205.8 million and gross margin was 82.3%, compared to a gross profit of $126.9 million and gross margin of 82.3% for the full year 2007. Gross margin on Osteocel revenue was 44.5% for the fourth quarter 2008 and 40.7% for the full year 2008.

Total operating expenses for the fourth quarter 2008 were $57.0 million compared to $41.2 million in the fourth quarter 2007 and $77.7 million in the third quarter 2008. Full year 2008 operating expenses were $233.6 million compared to $144.2 million reported for the full year 2007. The higher operating expenses in 2008 resulted primarily from additional costs directly associated with higher revenue, infrastructure expansion, and in-process research and development.

On a GAAP basis, the Company reported net income of $3.7 million or $0.10 per share for the fourth quarter 2008, and a loss of $27.5 million or $(0.77) per share for the full year 2008. On a non-GAAP basis, the Company reported net income of $12.5 million, or $ 0.33 per share, for the fourth quarter 2008, and net income of $27.7 million, or $0.74 per share, for the full year 2008. The non-GAAP earnings per share calculations exclude for the fourth quarter and full year, respectively, (i) stock based compensation of $5.2 million and $20.9 million; (ii) charges related to transitional support costs for the Company's ERP system of $1.4 million and $4.0 million; (iii) amortization of acquired intangible assets of $1.2 million and $3.0 million; and (iv) intellectual property litigation expenses of $1.0 million and $1.5 million. The non-GAAP earnings per share calculations also exclude for the full year: (i) charges for in-process research and development costs of $20.9 million; and (ii) a one-time leasehold charge of $4.8 million related to vacating the Company's previous headquarters.

Cash, cash equivalents and short and long-term marketable securities were $223.4 million at December 31, 2
'/>"/>

SOURCE NuVasive, Inc.
Copyright©2009 PR Newswire.
All rights reserved

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

Related medicine news :

1. NuVasive Announces Web Cast and Conference Call of Fourth Quarter 2008 Results
2. NuVasive to Present at Canaccord Adams Musculoskeletal Conference
3. NuVasive to Present at ROTH 21st Annual OC Growth Stock Conference
4. NuVasive Announces Preliminary Unaudited Full Year 2008 Financial Results
5. NuVasive to Present at 27th Annual J.P. Morgan Healthcare Conference
6. NuVasive to Present at 20th Annual Piper Jaffray Health Care Conference
7. NuVasive Announces Patent Infringement Complaint Brought by Medtronic Sofamor Danek
8. NuVasive to Present at Goldman Sachs 29th Annual Global Healthcare Conference
9. NuVasive Acquires First Stem Cell Bone Graft Substitute
10. NuVasive Reports First Quarter 2008 Financial Results
11. NuVasive Prices $200 Million Convertible Senior Notes Due 2013
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/1/2015)... ... August 01, 2015 , ... BeverlyD, owner and founder of BeverlyD Luxe Organic ... very first small business donation to kick off the campaign for healing and Well-Being. ... legacy includes a complete line of raw, organic hair care products, as well as ...
(Date:7/31/2015)... ... July 31, 2015 , ... Ticket Down is a reputable source of authentic tickets for ... Arena. Fans of every genre of music will have an act they are excited ... of the festival, the following artists will perform: Sam Smith, Coldplay, Kenny Chesney, The ...
(Date:7/31/2015)... ... ... Ticket Down is a reliable source for authentic tickets for the 2015 ... The festival will end on Sunday, August 2nd. , Music fans have ... This unique and unbelievably popular festival attracts the best in entertainment from around the ...
(Date:7/31/2015)... ... July 31, 2015 , ... The 2nd annual Ride to Fight ... Memphis on October 3, 2015. The Ride to Fight On is a cycling fundraiser ... Methodist Healthcare, The West Clinic and The University of Tennessee Health Science Center. A ...
(Date:7/31/2015)... Rolling Meadows, IL (PRWEB) , ... July 31, ... ... great ways to communicate. Rally Insurance Group, Inc. has re-branded their social media ... provides a personal way for consumers to communicate, find information, share insights ...
Breaking Medicine News(10 mins):Health News:March4thforWellBeing Foundation Kickoff 2Health News:Cheap 2015 iHeartRadio Music Festival Tickets in Las Vegas at MGM Grand Garden Arena: Ticket Down Slashes Ticket Prices on the iHeart Radio Music Festival in Vegas 2Health News:Cheap 2015 iHeartRadio Music Festival Tickets in Las Vegas at MGM Grand Garden Arena: Ticket Down Slashes Ticket Prices on the iHeart Radio Music Festival in Vegas 3Health News:Cheap 2015 Lollapalooza Tickets: Ticket Down Slashes Ticket Prices on Lollapalooza Tickets at Grant Park in Chicago for Saturday, August 1st and Sunday, August 2nd 2Health News:West Cancer Center Announces 2nd Annual Ride to Fight On 2Health News:West Cancer Center Announces 2nd Annual Ride to Fight On 3Health News:Rally Insurance Group, Inc. Connects to Customers Through Re-branded Social Media Profiles 2
... Time for Spring Break and Summer MonthsCOLD SPRING HARBOR, N.Y., ... ear health and creator of EarPlanes(R) and ... ClearEars are revolutionary earplugs containing an FDA approved ... the ears after swimming, or even bathing, can lead to ...
... to Launch Heritage Tributes Line of Caskets in ... Heritage Casket Company, an Irish-owned memorial products company, ... memorialization and death care industries, today announced a ... for the marketing and distribution of a new ...
... dangers from inhalants at lowest point since 1991 , , ... percent of American adolescents who use drugs started by ... and air fresheners to get high, according to a ... by youths 12 to 17 years old include refrigerant ...
... Provider Teams Up with Specialty Print Packaging Materials Company to ... ... Southborough, MA (PRWEB) March 16, 2009 ... trace technology and services provider, recently entered into a collaboration ...
... LAUDERDALE, Fla. and HONG KONG, March 16 OrbusNeich ... manufacturer and marketer of innovative medical devices for the ... filed a lawsuit against Boston Scientific Corporation ("BSC"). ... for the Eastern District of Virginia, asserts claims against ...
... Saving Tips to Prevent Accidental PoisoningSAN FRANCISCO, March ... reported each year to poison control centers across ... Control System (CPCS) is dedicated to providing residents ... relating to poisoning. National Poison Prevention Week, ...
Cached Medicine News:Health News:Leader in Ear Care Health Category Expands Product Line 2Health News:Irish-Owned Heritage Casket Company Strikes Multi-Million-Dollar Partnership Deal With Pennsylvania's Matthews International 2Health News:Fewer Teens Sniffing Glue, Household Products 2Health News:Fewer Teens Sniffing Glue, Household Products 3Health News:PHARMORX Security And MSO Announce Joint Venture 2Health News:PHARMORX Security And MSO Announce Joint Venture 3Health News:OrbusNeich Files Patent Infringement Lawsuit Against Boston Scientific 2Health News:OrbusNeich Files Patent Infringement Lawsuit Against Boston Scientific 3Health News:Poison Prevention Week March 15 - 22 2Health News:Poison Prevention Week March 15 - 22 3
(Date:7/30/2015)... , July 30, 2015 Tianyin Pharmaceutical ... pharmaceutical company that specializes in the patented biopharmaceutical, modernized ... ingredients (API), provided updates regarding the notice it received ... (the "Exchange") indicating that the Company was below certain ... in Sections 134 and 1101 of the NYSE MKT ...
(Date:7/30/2015)... PARSIPPANY, N.J. , July 30, 2015  Growth ... Rx-to-OTC switches as they bring former prescription users to ... environment, Kline forecasts robust Rx-to-OTC switch activity ... OTC categories emerging along with many new brands entering ... switches occur over the next five years (even those ...
(Date:7/30/2015)... 30, 2015  Medimetriks Pharmaceuticals, Inc. announced today ... III clinical study for Ozenoxacin, a novel bactericidal ... the exclusive U.S. rights to Ozenoxacin 1% cream.  ... 44 centers with an emphasis on U.S. patients, ... months and older with a clinical diagnosis of ...
Breaking Medicine Technology:TPI Provides Update Regarding Non-Compliance with NYSE MKT Continued Listing Requirements 2Rx-to-OTC Switches -- Game Changers for the U.S. OTC Drugs Market through 2019, Sees Kline 2Rx-to-OTC Switches -- Game Changers for the U.S. OTC Drugs Market through 2019, Sees Kline 3Medimetriks Pharmaceuticals, Inc. Announces Completion of the Second Successful Pivotal Phase III Study for Ozenoxacin 2Medimetriks Pharmaceuticals, Inc. Announces Completion of the Second Successful Pivotal Phase III Study for Ozenoxacin 3
... ARAY ), a global leader in the field ... present at the 10th Annual Needham Healthcare Conference in New ... ET/7:00 a.m. PT. A live webcast of the ... of the Company,s Web site at http://www.accuray.com . The ...
... March 28, 2011 JHP Pharmaceuticals, a leading ... products, has entered into a multi-year contract-manufacturing agreement ... responsible for manufacturing and supply of a sterile ... Stuart Hinchen, president and co-founder of JHP noted, ...
Cached Medicine Technology:Accuray Incorporated to Speak at 10th Annual Needham Healthcare Conference 2JHP Pharmaceuticals Announces Multi-Year Contract Manufacturing Agreement 2
... AFX Lens is a direct ... in an air-filled eye. In ... a primary air-fluid exchange vitrectomy ... sutureless design make it well ...
... Prism is designed for ... are recommended for tractional ... etc.) and Rhegmatogenus retinal ... used for panretinal photocoagulation ...
... The 30° Prism ... fundus pathologies and are ... detachments (PDR, BRVO etc.) ... They can be used ...
The Chalam Mid Field lens can be used for air/gas exchange and has a bi-concave design to provide the widest field available in a direct image surgical lens. This lens was developed with K.V. Chalam,...
Medicine Products: