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

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(unaudited)

September 30, December 31,

2008 2007

ASSETS

Current assets:

Cash and cash equivalents $32,879 $33,245

Short-term investments - 1,100

Accounts receivable, net 8,744 7,990

Due from affiliate - 435

Inventory 35,689 29,965

Prepaid expenses and other current

assets 1,694 2,455

Total current assets 79,006 75,190

Property and equipment, net 12,739 12,146

Field equipment, net 31,896 30,885

Deferred cost of revenues 22,406 14,850

Intangible assets, net 31,704 33,801

Goodwill 42,726 41,457

Other assets 1,239 2,057

Total assets $221,716 $210,386

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable $17,169 $21,887

Accrued expenses 13,446 9,820

Due to affiliates - 2,774

Current portion of long-term debt 8,290 54

Total current liabilities 38,905 34,535

Deferred revenue 27,861 19,530

Long-term debt 2
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SOURCE NxStage Medical, Inc.
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