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NxStage Reports Third Quarter 2008 Financial Results
Date:11/3/2008

September 30, September 30,

2008 2007 2008 2007

Revenues $30,466 $11,625 $93,087 $30,030

Cost of revenues 25,684 15,161 79,872 36,589

Gross profit (deficit) 4,782 (3,536) 13,215 (6,559)

Operating expenses:

Selling and marketing 6,839 5,383 20,937 15,234

Research and development 1,986 1,467 6,474 4,321

Distribution 3,472 3,532 10,202 8,874

General and administrative 4,744 2,649 14,443 7,842

Total operating expenses 17,041 13,031 52,056 36,271

Loss from operations (12,259) (16,567) (38,841) (42,830)

Other income (expense):

Interest income 146 592 453 2,328

Interest expense (1,017) (149) (2,908) (497)

Change in fair value of financial

instruments (1,835) - 251 -

Other income (expense), net 138 - (155) -

(2,568) 443 (2,359) 1,831

Net loss before income taxes (14,827) (16,124) (41,200) (40,999)

Provision for income taxes 143 - 248 -

Net loss $(14,970) $(16,124) $(41,448) $(40,999)

Net loss per share, basic and

diluted $(0.33) $(0.54) $(1.03) $(1.38)

Weighted-average shares

outstanding, basic and diluted 45,067 30,024 40,204 29,667

NxStage Medical, Inc.

Condensed Consolidated Balance Sheets

(amounts in thousands, except per share data)'/>"/>

SOURCE NxStage Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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