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Cyberonics Reports Operating Profit for Third Quarter FY08 and Announces Share Repurchase Program
Date:2/20/2008

>

Interest income 995,814 1,197,520 3,145,845 3,616,238

Interest expense (1,898,992) (1,564,336) (4,698,988) (4,360,277)

Other expense, net (350,156) (336,451) (391,254) (260,195)

Loss before

income taxes (988,280) (19,364,025) (13,196,802) (40,330,529)

Income tax expense 9,036 21,275 41,317 81,861

Net Loss $(997,316) $(19,385,300) $(13,238,119) $(40,412,390)

Basic loss per share $(0.04) $(0.76) $(0.50) $(1.59)

Diluted loss per share $(0.04) $(0.76) $(0.50) $(1.59)

Shares used in

computing basic

loss per share 26,718,715 25,478,530 26,549,395 25,403,666

Shares used in

computing diluted

loss per share 26,718,715 25,478,530 26,549,395 25,403,666


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SOURCE Cyberonics, Inc.
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