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Mindray Announces First Quarter 2011 Financial Results
Date:5/9/2011

in China, coupled with the Chinese government's renewed focus on county level hospitals, as well as our dedicated R&D effort, we are confident that Mindray is well-positioned for future growth and expansion."

Conference Call InformationMindray's management will hold an earnings conference call at 8:00 AM on May 10, 2011 U.S. Eastern Time (8:00 PM on May 10, 2011 Beijing/Hong Kong Time).

Dial-in details for the earnings conference call are as follows:

U.S. Toll Free:

+1-866-804-6923International:

+1-857-350-1669Hong Kong:

+852-3002-1672Pass code for all regions: Mindray

A replay of the conference call may be accessed by phone at the following numbers until May 23, 2011.

U.S. Toll Free:

+1-888-286-8010International:

+1-617-801-6888Passcode:

9389-5400Additionally, a live and archived webcast of this conference call will be available on the Investor Relations section of Mindray's website at http://ir.mindray.com.

Use of Non-GAAP Financial Measures Mindray provides gross profit, selling expenses, general and administrative expenses, R&D expenses, operating income, net income and earnings per share on a non-GAAP basis that excludes share-based compensation expense and acquired intangible assets amortization expense, all net of related tax impact, as well as EBITDA to enable investors to better assess the company's operating performance. The non-GAAP measures described by the company are reconciled to the corresponding GAAP measure in the exhibit below titled "Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures".

The company has reported for the first quarter of 2011 and provided guidance for full year 2011 earnings on a non-GAAP basis. Each of the terms as used by the company is defined as follows:

  • Non-GAAP gross profit represents gross profit reported in accordance with GAAP,
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  • SOURCE Mindray Medical International Limited
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