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Uroplasty Reports Financial Results for the Fiscal Fourth Quarter and Full Year 2011
Date:5/25/2011

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$60,000

$211,000

$(928,000)Three Months Ended March 31, 2010Gross Profit

$2,516,000

$4,000

$15,000$2,535,000% of sales

84%85%Operating ExpensesGeneral & administrative

598,000

(22,000)

(40,000)536,000Research and development

420,000

(8,000)

(3,000)409,000Selling and marketing

1,848,000

(24,000)

(16,000)1,808,000Amortization

211,000$(211,000)

-3,077,000

(54,000)

(59,000)

(211,000)

2,753,000Operating Loss

$(561,000)

$58,000

$74,000

$211,000

$(218,000)Our non-GAAP operating loss for fiscal 2011 and 2010 was approximately $3.1 million and $1.7 million, respectively.  Expense AdjustmentsGAAPShare-based
CompensationDepreciationAmortizationNon-GAAPYear Ended March 31, 2011Gross Profit

$11,401,000

$17,000

$52,000$11,470,000% of sales

83%83%Operating ExpensesGeneral & administrative

3,442,000

(269,000)

(150,000)3,023,000Research and development

1,720,000

(27,000)

(10,000)1,683,000Selling and marketing

10,092,000

(121,000)

(63,000)9,908,000Amortization

844,000$(844,000)

-16,098,000

(417,000)

(223,000)

(844,000)

14,614,000Operating Loss

$(4,697,000)

$434,000

$275,000

$844,000

$(3,144,000)Year Ended March 31, 2010Gross Profit

$9,805,000

$27,000

$58,000$9,890,000% of sales

83%83%Operating ExpensesGeneral & administrative

2,799,000

(191,000)

(155,000)2,453,000Research and development

1,785,000

(49,000)

(13,000)1,723,000Selling and marketing

7,577,000

(147,000)

(66,000)7,364,000Amortization

846,000$(846,000)

-13,007,000

(387,000)

(234,000)

(846,000)

11,540,000Operating Loss
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SOURCE Uroplasty, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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