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Boston Scientific Announces Results for First Quarter Ended March 31, 2011
Date:4/20/2011

million negative impact from the divestiture of the Neurovascular business.  Recent acquisitions are not expected to contribute to 2011 sales.  The Company now estimates earnings on a GAAP basis in a range of $0.15 to $0.27 per share. Adjusted earnings, excluding goodwill impairment charges; acquisition-, divestiture-, and restructuring-related net credits; discrete tax items; and amortization expense, are being raised by $0.08 from previous guidance of $0.50 to $0.60 per share to an estimated range of $0.58 to $0.68 per share. Recent acquisitions are now expected to dilute 2011 adjusted earnings by approximately $0.03 to $0.04 per share as compared to the prior year, and the divestiture of the Neurovascular business is expected to dilute 2011 adjusted earnings by approximately $0.05 per share.

Conference Call InformationBoston Scientific management will be discussing these results with analysts on a conference call at 8:00 a.m. (ET) Thursday, April 21. The Company will webcast the call to all interested parties through its website: www.bostonscientific.com. Please see the website for details on how to access the webcast. The webcast will be available for one year on the Boston Scientific website.

About Boston ScientificBoston Scientific is a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.  For more information, please visit: www.bostonscientific.com.  

Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Forward-looking statements may be identified by words like “anticipate,” “expect,” “project,” “believ
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