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Volcano Reports 40 Percent Growth in Quarterly Revenues
Date:11/5/2008

results expense results

Revenues $44,118 $- $44,118

Cost of revenues 16,581 (222) 16,359

Gross profit 27,537 222 27,759

Operating expenses:

Selling, general and administrative 19,546 (1,798) 17,748

Research and development 6,879 (493) 6,386

Amortization of intangibles 786 - 786

Total operating expenses 27,211 (2,291) 24,920

Operating income 326 2,513 2,839

Interest income 1,109 - 1,109

Interest expense (2) - (2)

Exchange rate loss (441) - (441)

Income before provision for income

taxes 992 2,513 3,505

Provision for income taxes 248 - 248

Net income $744 $2,513 $3,257

Net income per share - basic $0.02 $0.05 $0.07

Net income per share - diluted $0.01 $0.05 $0.06

Weighted-average shares outstanding

- basic 47,456 47,456

Weighted-average shares outstanding

- diluted 50,323 50,323

Three Months Ended September 30, 2007

Stock-based

GAAP compensation Non-GAAP

results expense results

Revenues $31,474 $- $31,474

Cost of rev
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SOURCE Volcano Corporation
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