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Mindray Announces 2010 Fourth Quarter and Full Year Results
Date:2/28/2011

P income per share - basic

0.34

0.361.28

1.37GAAP income per share - diluted

0.33

0.351.23

1.32 Shares used in computation of: Basic earnings per share

109,251,426

114,627,335108,567,305

113,638,024 Diluted earnings per share

113,673,043

117,957,675113,025,775

117,581,196Non-GAAP operating income42,300

41,755160,917

171,273Non-GAAP operating margin

22.4%

19.8%25.4%

24.3%Amortization of acquired intangible assets

(2,137)

(1,742)(8,621)

(7,487)Realignment costs — post acquisition

(185)

(919)(1,446)

(919)Share-based compensation

(1,989)

(1,698)(10,238)

(7,280)GAAP operating income

37,989

37,396140,612

155,587GAAP operating margin

20.1%

17.7%22.2%

22.1%Non-GAAP gross profit103,664

116,497360,470

406,302Non-GAAP gross margin

54.9%

55.2%56.8%

57.7%Amortization of acquired intangible assets

(1,523)

(1,122)(6,139)

(5,007)Share-based compensation

(94)

(74)(467)

(320)GAAP gross profit

102,047

115,301353,864

400,975GAAP gross margin

54.0%

54.7%55.8%

56.9%Exhibit 4MINDRAY MEDICAL INTERNATIONAL LIMITEDRECONCILIATION OF GAAP NET INCOME TO EARNINGS BEFORE INTEREST, TAXES,DEPRECIATION AND AMORTIZATION(Dollars in thousands)Three months ended
December 31,Year ended
December 31,2009

20102009

2010US$

US$US$

US$(unaudited)

(unaudited)(unaudited)

(unaudited)GAAP net income37,411

41,049139,188

155,466Interest income(1,857)

(2,905)(6,574)

(11,575)Interest expense878

4374,759

2,900Provision for income taxes8,011


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SOURCE Mindray Medical International Limited
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5. Mindray Medical Announces Preliminary 2010 Operating Results
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