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China Medical Technologies Reports Financial Results for Fourth Fiscal Quarter and Full Year ended March 31, 2010
Date:6/4/2010

82.8% 79.6% 79.6% Operating income 144,228 125,107 18,329 Adjustment: Stock compensation expense 50,179 40,437 5,924 Amortization of acquired intangible assets 126,588 199,115 29,171 Acquired in-process research and development 244,872 -- -- Non-GAAP operating income 565,867 364,659 53,424 Operating margin 17.4% 17.3% 17.3% Non-GAAP operating margin 68.2% 50.4% 50.4% Income/(loss) from continuing operations (29,607) (57,041) (8,356) Adjustment: Stock compensation expense 50,179 40,437 5,924 Amortization of acquired intangible assets 126,588 199,115 29,171 Acquired in-process research and development 244,872 -- -- Non-cash interest expense of convertible notes arising from the adoption of new guidance 28,614 30,477 4,465 Gain on purchase of convertible notes -- (25,693) (3,764) Non-GAAP income from continuing operations 420,646 187,295 27,440 GAAP net margin -- -- -- Non-GAAP net margin 50.7% 25.9% 25.9% Earnings/ (loss) from continuing operations per ADS - basic (1.13) (2.17) (0.32) - diluted (1.13) (2.17) (0.32) Non-GAAP earnings from continuing operations per ADS - basic 16.01 7.13 1.04 - diluted (1) 16.01 7.13
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SOURCE China Medical Technologies, Inc.
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