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

$53,852 $44,118 $156,853 $122,242 Cost of revenues 21,778 16,581 64,913 45,915 ------ ------ ------ ------ Gross profit 32,074 27,537 91,940 76,327 Operating expenses: Selling, general and administrative 28,272 19,546 79,805 62,405 Research and development 9,181 6,879 27,816 18,823 In-process research and development - - - 12,407 Amortization of intangibles 1,058 786 3,163 2,337 ----- --- ----- ----- Total operating expenses 38,511 27,211 110,784 95,972 ------ ------ ------- ------ Operating (loss) income (6,437) 326 (18,844) (19,645) Interest income 142 1,109 640 4,206 Interest expense (1) (2) (4) (8) Exchange rate gain (loss) 2,419 (441) 2,162 1,091 ----- ---- ----- ----- (Loss) income before provision for income taxes (3,877) 992 (16,046) (14,356) Provision for income taxes 121 248 833 707 --- --- --- --- Net (loss) income $(3,998) $744 $(16,879) $(15,063) ======= ==== ======== ======== Net (loss) income per share: Basic $(0.08) $0.02 $(0.35) $(0.32) ====== ===== ====== ====== Diluted $(0.08) $0.01 $(0.35) $(0.32)
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SOURCE Volcano Corporation
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