Inverness Medical Innovations Announces Third Quarter 20...(42 $52333 $72475 ...),Health

Date:10/27/2009

42 $52,333 $72,475 Preferred stock dividends $(5,843) $(5,843) Net income (loss) available to common stockholders $14,299 $66,632 Net income (loss) per common share Basic $0.18 $0.82 Diluted $0.17 $0.74(m) Weighted average common shares - basic 81,625 81,625 Weighted average common shares - diluted 83,418 98,616(m) Three Months Ended September 30, 2008 Non-GAAP Adjusted Non-GAAP Cash GAAP Adjustments Basis (a) Net product sales and services revenue $433,034 $- $433,034 License and royalty revenue 5,766 - 5,766 Net revenue 438,800 - 438,800 Cost of net revenue 210,652 (12,721)(b)(c)(d) 197,931 Gross profit 228,148 12,721 240,869 Gross margin 52% 55% Operating expenses: Research and development 25,693 (2,387)(b)(c)(d) 23,306 Selling, general and administrative 189,208 (57,165)(b)(c)(d) 132,043 Gain on disposition - - - Operating income 13,247 72,273 85,520 Interest and other income (expense), net (24,752) 300(c) (24,452)
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SOURCE Inverness Medical Innovations, Inc. Copyright©2009 PR Newswire. All rights reserved

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