boston scientific annual report 2019


The following is an explanation of each incremental or revised adjustment type that management excluded as part of these non-GAAP financial measures, since our most recent Annual Report on Form 10-K, as well as the reason for excluding each item:"Our third quarter results reflect accelerated growth fueled by several key product launches, excellent regional performance and the broad strength of our core portfolio, and we continue to invest in building a robust pipeline," said Mike Mahoney, chairman and chief executive officer, Boston Scientific.

All rights reserved.Boston Scientific at Cowen and Company 40th Annual Health Care ConferenceBoston Scientific at Bernstein's 36th Annual Strategic Decisions Conference MARLBOROUGH, Mass., Jan. 14, 2020 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales, based upon preliminary unaudited financial information, of approximately $2.90 billion during the fourth quarter of 2019.
Boston Scientific revenue for the twelve months ending March 31, 2020 was $10.785B, a 8.53% increase year-over-year. In addition, management uses these non-GAAP financial measures to further its understanding of the performance of our operating segments. MARLBOROUGH, Mass., Feb. 5, 2020 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.905 billion during the fourth quarter of 2019. In addition, to calculate organic net sales growth rates, we remove from prior year, sales from product lines that we divested. The GAAP financial measure most directly comparable to operational net sales and organic net sales is net sales on a GAAP basis.To calculate adjusted net income (earnings) and adjusted net income (earnings) per share we exclude certain charges (credits) from GAAP net income. Patients. (February 5, 2020) -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.905 billion during the fourth quarter of 2019.This represents growth of 13.4 percent on a reported basis, 14.1 percent on an operational 1 basis and 7.3 percent on an organic 2 basis, all compared to the prior year period. ... Boston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world. All rights reserved.Fueling the next generation of life science professionalsExplore Educare, our globally recognized education programManagement uses these supplemental non-GAAP financial measures to evaluate performance period over period, to analyze the underlying trends in our business, to assess our performance relative to our competitors and to establish operational goals and forecasts that are used in allocating resources.
Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recent Annual Report filed on Form 10-K filed with the Securities and Exchange Commission for an explanation of each of these adjustments and the reasons for excluding each item.

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These adjustments are excluded from the segment measures reported to our chief operating decision maker that are used to make operating decisions and assess performance.Reconciliations of each of these non-GAAP financial measures to the corresponding GAAP financial measure are included in the accompanying schedules.The GAAP financial measures most directly comparable to adjusted net income and adjusted net income per share are GAAP net income and GAAP net income per share. "I am proud of our global teams across Boston Scientific who continue to bring forward new clinical solutions that advance science and help improve patient lives."©2019 Boston Scientific Corporation or its affiliates.

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