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Volcano Reports 22 Percent Increase in Third Quarter Revenues
Date:11/5/2009

====== ===== ====== ====== Shares used in calculating net loss per share: Basic 48,506 47,456 48,293 47,236 ====== ====== ====== ====== Diluted 48,506 50,323 48,293 47,236 ====== ====== ====== ====== VOLCANO CORPORATION RECONCILIATION OF GAAP RESULTS TO NON-GAAP RESULTS (in thousands, except per share data) (Unaudited) Three Nine Months Ended Months Ended September 30, September 30, ------------- ------------- 2009 2008 2009 2008 ---- ---- ---- ---- GAAP operating (loss) income $(6,437) $326 $(18,844) $(19,645) Stock-based compensation 2,597 2,513 8,162 6,997 In-process research and development - - - 12,407 Acquisition due-diligence costs - - - 2,878 Commissions paid under Distributor Termination Agreement 1,408 - 1,408 - ----- --- ----- --- Non-GAAP operating (loss) income $(2,432) $2,839 $(9,274) $2,637 ======= ====== ======= ====== GAAP net (loss) income $(3,998) $744 $(16,879) $(15,063) Stock-based compensation
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