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Volcano Announces First Quarter Results
Date:5/2/2013

2,3924,865Effect of exchange rate changes on cash and cash equivalents(724)(562)Net decrease in cash and cash equivalents(54,320)(43,572)Cash and cash equivalents, beginning of period330,635107,016Cash and cash equivalents, end of period

$

276,315$

63,444 VOLCANO CORPORATIONREVENUE SUMMARY(in millions)(unaudited)Three Months Ended
March 31,Percentage Change
2012 to 2013Currency Impact Constant CurrencyPercentage Change20132012DollarPercentageMedical segment:Consoles:United States

$   4.7$   5.2(8)

%$
--

%(8)

%Japan

1.00.97(0.1)(16)23Europe

1.61.148-(1)49Rest of world

1.60.973--73Total Consoles

$   8.9$   8.110$(0.1)(2)12IVUS single-procedure disposables:United States

$19.3$19.7(2)

%$
--

%(2)

%Japan

20.726.6(22)(3.2)(12)(10)Europe

5.85.47--7Rest of world

2.21.820--20Total IVUS single-procedure disposables

$48.0$53.5(10)$(3.2)(6)(4)FFR single-procedure disposables:United States

$13.7$11.717

%$
--

%17

%Japan

4.51.8150(0.7)(38)188Europe

7.86.227--27Rest of world

0.80.568--68Total FFR single-procedure disposables

$26.8$20.233$(0.7)(3)36Other

$   8.0$   6.620

%$(0.2)(4)

%24

%Sub-total medical segment

$91.7$88.44$(4.2)(5)9Industrial segment

$   1.5$   2.0(25)-(1)(24)Total

$93.2$90.43$(4.2)(5)8 VOLCANO CORPORATIONRECONCILIATION OF GAAP RESULTS TO NON-GAAP RESULTS(in thousands, except per share data)(Unaudited)Three Months Ended March 31, 2013Pre-tax AdjustmentsNet of Tax (1)Earnings Per Share GAAP net loss $
(3,161)$
(0.06) Acquisition related items 

1,5789780.02 Amortization of intangibles 

8345170.01 Non-cash interest expense on convertible not
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SOURCE Volcano Corporation
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