This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Conceptus® Updates Second Quarter And Full Year 2010 Financial Guidance

(Tables to follow)

Conceptus, Inc.
Reconciliation of GAAP Earnings (loss) to Non-GAAP Earnings Per Share
(Unaudited)
   
Three Months Ended Twelve Months Ended
June 30, December 31,
  2009   2009
 
GAAP earnings (loss) per share $ (0.02 ) $ 0.25
 
Adjustments to GAAP earnings (loss) per share:
Amortization of intangibles (a) $ 0.01 $ 0.05
Stock-based compensation (b) $ 0.05 $ 0.20
Amortization of non-cash items for convertible note (c) $ 0.04   $ 0.15
 
Non-GAAP earnings per share $ 0.08   $ 0.65
 
 
(a) Consists of amortization of intangible assets primarily patents, licenses and customer relationships
(b) Consists of stock-based compensation in accordance with ASC 718
(c) Consists of amortization of non-cash interest expense in accordance with ASC 470-20 and amortization of debt issuance costs
 
Conceptus, Inc.
Reconciliation of Guidance For Non-GAAP Financial Measures
To Projected GAAP EPS
 
  Previous Non-GAAP Guidance   Non-GAAP Guidance
Three Months Ending Three Months Ending
June 30, 2010 June 30, 2010
From   To From   To
 
GAAP Guidance $ 0.00 $ 0.03 $ (0.02 ) $ (0.01 )
 
Estimated Non-GAAP Guidance
Amortization of intangibles $ 0.02 $ 0.02 $ 0.02 $ 0.02
Stock-based compensation $ 0.06 $ 0.06 $ 0.06 $ 0.06
Amortization of non-cash items for convertible note $ 0.04 $ 0.04 $ 0.04   $ 0.04  
Total Non-GAAP Adjustments $ 0.12 $ 0.12 $ 0.12 $ 0.12
 
Non-GAAP Guidance $ 0.12 $ 0.15 $ 0.10   $ 0.11  
 
Conceptus, Inc.
Reconciliation of Guidance For Non-GAAP Financial Measures
To Projected GAAP EPS
 
  Previous Non-GAAP Guidance   Non-GAAP Guidance
Twelve Months Ending Twelve Months Ending
December 31, 2010 December 31, 2010
From   To From   To
 
GAAP Guidance $ 0.50 $ 0.55 $ 0.21 $ 0.26
 
Estimated Non-GAAP Guidance
Amortization of intangibles $ 0.10 $ 0.10 $ 0.10 $ 0.10
Stock-based compensation $ 0.24 $ 0.24 $ 0.24 $ 0.24
Amortization of non-cash items for convertible note $ 0.15 $ 0.15 $ 0.15 $ 0.15
Total Non-GAAP Adjustments $ 0.49 $ 0.49 $ 0.49 $ 0.49
 
Non-GAAP Guidance $ 0.99 $ 1.04 $ 0.70 $ 0.75




4 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,039.49 +60.36 0.36%
S&P 500 1,992.37 +5.86 0.30%
NASDAQ 4,532.1040 +5.6220 0.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs