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Boston Scientific Announces Results For Second Quarter Ended June 30, 2013
Date:7/25/2013

oston Scientific.  "As we continue to expand our portfolio, our team is inspired to deliver meaningful innovation to more patients globally."Worldwide sales for the second quarter: Three Months EndedJune 30,% Changein millions20132012As Reported BasisLess: Impact of Foreign CurrencyConstant Currency BasisInterventional Cardiology

$

520$

549(5)%

$

(15)(2)%

(3)%Peripheral Interventions

1991962%

(6)(3)%

5%Cardiovascular719745(4)%(21)(3)%(1)%Cardiac Rhythm Management

475488(3)%

(4)(1)%

(2)%Electrophysiology

3637(3)%

(1)(1)%

(2)%Rhythm Management511525(3)%(5)(1)%(2)%Endoscopy

3253115%

(11)(3)%

8%Urology/Women's Health

124126(1)%

(3)(2)%

1%Neuromodulation

1119121%

10%

21%MedSurg5605286%(13)(3)%9%Subtotal Core Businesses1,7901,7980%(39)(2)%2%Divested Businesses

1930(36)%

12%

(38)%Worldwide Net Sales$1,809$1,828(1)%$(38)(2)%1%Growth rates are based on actual, non-rounded amounts and may not recalculate precisely.

 Sales growth rates that exclude the impact of changes in foreign currency exchange rates are not prepared in accordance with U.S. GAAP.  An explanation of the company's use of these non-GAAP financial measures is included in the exhibits attached to this news release.

  

On a consolidated GAAP basis, net income for the second quarter of 2013 was $130 million, or earnings of $0.10 per share.  These results included an intangible asset impairment charge, acquisition- and divestiture-related net credits, restructuring-related charges, and amortization expense, of $117 million (after-tax) or $0.08 per share.  Adjusted net income for the second quarter of 2013, excluding these net charges, was $247 million, or $0.18 per share.

On a consolidated GA
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SOURCE Boston Scientific Corporation
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