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Volcano Reports Second Quarter Results; Medical Segment Revenues Increase More Than 13 Percent On A Constant Currency Basis
Date:8/5/2013

ct development milestones; outcome of ongoing or future litigation; investigations and claims; the impact and benefits of market development and the related size of Volcano's addressable markets; our ability to protect our intellectual property; dependence upon third parties; unexpected new data, safety and technical issues; market conditions and other risks inherent to medical and/or telecom device development and commercialization. These and additional risks and uncertainties are more fully described in Volcano's filings made with the Securities and Exchange Commission, including our 10-K for the year ended December 31, 2012, our 10-Q for the quarter ended March 31, 2013, and other filings made with the Securities and Exchange Commission, which should be read in conjunction with these financial results. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. Volcano disclaims any obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events.

 

  VOLCANO CORPORATION  CONDENSED CONSOLIDATED BALANCE SHEETS  (in thousands)  (unaudited)  June 30,  December 31, 20132012 Assets  Current assets:  Cash and cash equivalents 

$   301,760$
330,635 Short-term available-for-sale investments136,090140,960 Accounts receivable, net 

77,69276,348 Inventories 

57,76752,811 Prepaid expenses and other current assets 

31,55821,773Total current assets 

604,867622,527 Restricted cash 

702711 Long-term available-for-sale investments 

63,08444,385 Property and equipment, net 

111,676104,385 Intangible assets, net 

50,74350,657 
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SOURCE Volcano Corporation
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