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Boston Scientific Second Quarter Results Exceed Consensus Sales and EPS; Full-Year Guidance Raised





6%Women's Health


(3)%Urology/Women's Health$127$1206%3%Q2 2011 Net Sales as compared to Q2 2010ChangeEstimatedAs ReportedConstantImpact ofCurrencyCurrencyForeignin millions







2Women's Health



1Urology/Women's Health$74$3Q3 and Full Year 2011 EPS GuidanceQ3 2011 EstimateFull Year 2011 Estimate(Low)(High)(Low)(High)GAAP results$   0.03$   0.08$   0.22$   0.30Goodwill impairment charge0.45

0.45Other intangible asset impairment charges0.01

0.01Estimated acquisition-related net charges



0.00Estimated divestiture-related net charges (credits)



(0.35)Estimated restructuring-related charges



0.06Discrete tax items0.00

0.00Estimated amortization expense



0.23Adjusted results$   0.11$   0.14$   0.64$   0.70An explanation of the Company's use of these non-GAAP measures is provided at the end of this document.Use of Non-GAAP Financial MeasuresTo supplement Boston Scientific's consolidated financial statements presented on a GAAP basis, the Company discloses certain non-GAAP financial measures, including adjusted net income and adjusted net income per share that exclude certain amounts, regional and divisional revenue growth rates that exclude the impact of changes in foreign currency exchange rates, and adjusted free cash flow. These non-GAAP financial measures are not in accordance with generally accepted accounting principles in the United States.

The GAAP financial measure most directly comparable to adjusted net income is GAAP net income and the GAAP financial measure most directly comparable to adjusted net income per share is GAAP net income per share. The GAAP financial measure most dir

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