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FOR IMMEDIATE RELEASE

BOSTON SCIENTIFIC ANNOUNCES RESULTS FOR SECOND QUARTER 2018

Marlborough, Mass. (July 25, 2018) -- Boston Scientific Corporation (NYSE: BSX) generated sales of $2.490 billion during the second quarter ended June 30, 2018. This represents growth of 10.3 percent on a reported basis, 8.6 percent on an operational1 basis and 7.9 percent on an organic2 basis, all compared to the prior year period. The company reported GAAP earnings of $555 million or $0.40 per share (EPS), compared to GAAP earnings of $146 million or $0.11 per share a year ago, and achieved adjusted earnings per share of $0.41 for the period, compared to $0.32 a year ago.

“Our strong sales and EPS growth in the second quarter were fueled by our global team, robust portfolio and diversified business,” said Mike Mahoney, chairman and chief executive officer, Boston Scientific. “We’re committed to advancing science for life, and we’re excited about the ways our differentiated pipeline will continue to drive our growth and impact on patients, physicians and hospital systems.”

Second quarter financial results and recent developments:

Reported second quarter sales of $2.490 billion, compared to the company's guidance range of $2.450 to $2.500 billion, representing an increase of 10.3 percent on a reported basis, 8.6 percent on an operational basis and 7.9 percent on an organic basis, all compared to the prior year period.

Reported GAAP earnings of $0.40 per share compared to the company's guidance range of $0.21 to $0.23 per share, which includes a $250 million non-cash benefit from finalizing the company's IRS tax settlement. Achieved adjusted earnings per share of $0.41 compared to the guidance range of $0.33 to $0.35 per share, which includes a $82 million non-cash benefit from finalizing the aforementioned settlement.

Achieved second quarter revenue growth in all segments, compared to the prior year period:
MedSurg: 10.4 percent reported, 9.0 percent operational and organic
Rhythm and Neuro: 10.8 percent reported, 9.0 percent operational and organic
Cardiovascular: 10.0 percent reported, 8.0 percent operational and 6.2 percent organic

Delivered revenue growth in all regions, compared to the prior year period:
U.S.: 7.9 percent reported, operational and organic
EMEA (Europe, Middle East and Africa): 15.8 percent reported, 9.6 percent operational and 6.6 percent organic
APAC (Asia-Pacific): 12.3 percent reported, 8.7 percent operational and organic
Emerging Markets3: 22.0 percent reported, 21.1 percent operational and 20.6 percent organic

Presented two-year real-world data (RESPOND) at the annual EuroPCR Scientific Program, demonstrating favorable clinical outcomes in patients treated with the LOTUS™ Transcatheter Aortic



The following information was filed by Boston Scientific Corp (BSX) on Wednesday, July 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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