Navigation Links
Cardiogenesis Reports Third Quarter 2008 Results
Date:11/13/2008

quarter of 2007. The increase in gross margin for the three month period is primarily attributable to an increase in the average selling price of disposable handpieces.

Gross profit increased by $751,000 to $8,130,000 for the nine months ended September 30, 2008, as compared with $7,379,000 for the nine months ended September 30, 2007. For the nine months ended September 30, 2008, gross margin was 84% of net revenues as compared to 79% of net revenues for the nine months ended September 30, 2007. The increase in gross profit and gross margin for the nine month period is primarily attributable to higher average selling prices for both laser and disposable handpiece units. In addition, during the second quarter of 2008, the company recognized $234,000 of deferred revenue for which there was no associated cost of goods sold.

Research and development costs ("R&D") were $165,000 in the third quarter of 2008 as compared with $103,000 in the 2007 third quarter. Year to date, R&D expenses of $633,000 were $21,000 or 3% higher than the prior year period of $612,000.

Sales and marketing ("S&M") expenses of $1,536,000 in the quarter ended September 30, 2008 increased $290,000, or 23%, compared with $1,246,000 for the quarter ended September 30, 2007. For the nine months ended September 30, 2008, S&M expenditures totaled $4,858,000, an increase of $1,590,000, or 49%, compared with $3,268,000 for the nine months ended September 30, 2007. The increase for both the quarter and year to date periods is primarily due to higher compensation expenses related to investments made to strengthen the sales and marketing organization.

General and administrative expenditures ("G&A") for the quarter ended September 30, 2008 totaled $753,000 as compared to $719,000 during the quarter ended September 30, 2007. For the nine months ended September 30, 2008, G&A totaled $2,404,000 as compared to $2,611,000 for the nine months ended September 30, 2007. This reduction of $
'/>"/>

SOURCE Cardiogenesis Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related biology technology :

1. Cardiogenesis Reports Fourth Quarter and Full Year 2007 Results
2. Cardiogenesis Corporation to Report Third Quarter 2007 Results on November 14th
3. AEterna Zentaris Reports Third Quarter 2008 Financial and Operating Results
4. Memory Pharmaceuticals Reports Third Quarter 2008 Financial Results
5. China Biologic Products Reports Strong Third Quarter 2008 Results
6. Imagenetix, Inc. Reports Second Quarter and Six Month Results
7. TorreyPines Therapeutics Reports Third Quarter 2008 Results and Recent Accomplishments
8. China-Biotics, Inc. Reports Second Quarter 2009 Financial Results
9. Cardium Reports on Third Quarter 2008 Financial Results and Revised Business Strategies for Operating Units
10. Hill-Rom Reports Fourth Quarter Revenue Growth of 14.1 Percent to $424 Million and Adjusted Earnings Per Fully Diluted Share From Continuing Operations of $0.58, an Increase of 52.6 Percent From the Prior Year
11. Trubion Pharmaceuticals Inc. Reports Third Quarter and Nine Months 2008 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/27/2015)... , Feb. 27, 2015 A ... the NCATS rare-diseases portfolio " in Science ... new financing technique to reduce the risk associated ... and potentially unlock new levels of funding for ... product of a unique collaboration between scientists at ...
(Date:2/27/2015)... 2015 Immunovaccine Inc. (“Immunovaccine”) (TSX: ... today announced that the U.S. Food and Drug ... designation and Phase I clinical trials of the ... mutual co-development agreement signed with Gilead Life Sciences. ... for the DPX-Survivac. , “We have been in ...
(Date:2/27/2015)... , Feb. 27, 2015 Bionomics Limited ... the DisrupTOR-1 trial of BNC105 in patients with metastatic ... Orlando, Florida . The data will ... the City of Hope Comprehensive Cancer Center in ... The new data identifies Ferritin and IL-8 ...
(Date:2/27/2015)... 27, 2015 FamilyFarms Group is pleased ... of State Line Farms, received the 2015 Tomorrow’s Top ... under the age of 35, who has demonstrated excellence ... honor to win the Tomorrow's Top Producer Horizon Award. ... the Top Producer Award and learning from their experiences. ...
Breaking Biology Technology:New Financing Technique May Hold Key to Unlocking Funding for Rare Diseases 2New Financing Technique May Hold Key to Unlocking Funding for Rare Diseases 3New Financing Technique May Hold Key to Unlocking Funding for Rare Diseases 4Immunovaccine Inc. (TSX: IMV) receives Fast Track and Phase I trial approval for Ebola and Anthrax vaccine programs, signs co-development agreement with Gilead Sciences 2Immunovaccine Inc. (TSX: IMV) receives Fast Track and Phase I trial approval for Ebola and Anthrax vaccine programs, signs co-development agreement with Gilead Sciences 3New BNC105 Biomarker Data to be Presented at US Cancer Conference 2New BNC105 Biomarker Data to be Presented at US Cancer Conference 3New BNC105 Biomarker Data to be Presented at US Cancer Conference 4New BNC105 Biomarker Data to be Presented at US Cancer Conference 5Matt Sims Receives the 2015 Tomorrow’s Top Producer Horizon Award 2
... ANGELES, Dec. 13 Give the person on your ... the form of a Magical Mystical,Pen by world-renowned artist, ... series of Magical Mystical Tour,abstracts, currently exhibited in the ... House Gallery in St. James, NY, through,January 11, 2008., ...
... be presented at San Antonio Breast Cancer Symposium, ... world,leader in the rapidly evolving field of molecular ... demonstrated the,prognostic power of its MammaPrint(R) breast cancer ... nodes. The data show that,MammaPrint(R) can accurately identify ...
... Patients treated with drug-eluting,stents must take a combination ... least one year, and possibly longer, after stent,implantation. ... update published,online today in the journals of the ... of Cardiology (ACC), and,American Heart Association (AHA). To ...
Cached Biology Technology:Artistic Magical Mystical Tours 2MammaPrint(R) Breast Cancer Test Validated in Lymph Node-Positive Breast Cancer Patients 2MammaPrint(R) Breast Cancer Test Validated in Lymph Node-Positive Breast Cancer Patients 3PCI Guideline Update Stresses Long-Term Anticoagulant Therapy After Treatment With Drug-Eluting Stents 2PCI Guideline Update Stresses Long-Term Anticoagulant Therapy After Treatment With Drug-Eluting Stents 3PCI Guideline Update Stresses Long-Term Anticoagulant Therapy After Treatment With Drug-Eluting Stents 4
(Date:2/24/2015)... , Feb. 24, 2015 This report analyzes the ... provides separate comprehensive analytics for the US, Canada ... , Asia-Pacific , Middle ... Annual estimates and forecasts are provided for the period 2013 ... these markets. Market data and analytics are derived from primary ...
(Date:2/24/2015)... 2015 Research and Markets ( ... "Global 2D Gesture Recognition Market 2015-2019" ... analysts forecast the Global 2D Gesture Recognition market ... the period 2014-2019 The increased demand ... one of the major trends in the market. ...
(Date:2/19/2015)... --Research and Markets ( http://www.researchandmarkets.com/research/kx9zp8/military ) ... Electro-Optical / Infrared Systems Market by Type, by ... to 2020" report to their offering. ... expected to reach $16.35 billion by 2020, to ... report segments the military electro-optical/infrared systems market on ...
Breaking Biology News(10 mins):World Iris Biometrics Industry 2World Iris Biometrics Industry 3World Iris Biometrics Industry 4World Iris Biometrics Industry 5World Iris Biometrics Industry 6World Iris Biometrics Industry 7World Iris Biometrics Industry 8World Iris Biometrics Industry 9World Iris Biometrics Industry 10World Iris Biometrics Industry 11Global 2D Gesture Recognition Market 2015-2019 with Cognitec Systems, CogniVue, eyeSight Mobile Technologies & PointGrab Dominating 2Military Electro-Optical / Infrared Systems (Image Intensification, Laser, Infrared) Market - Forecast to 2020: Featuring Profiles of the Market Leaders on this $16 Billion market 2Military Electro-Optical / Infrared Systems (Image Intensification, Laser, Infrared) Market - Forecast to 2020: Featuring Profiles of the Market Leaders on this $16 Billion market 3
... of Biological Sciences has placed another piece in the puzzle ... and eggs get the right number of chromosomes. The ... half its chromosomes from each parent sperm and eggs ... humans have 23 pairs of 46 chromosomes: so our sperm ...
... -- Marsh plants, far from being passive wallflowers, are "secret ... odds of survival, says a team of scientists from Duke ... Scientists have long believed that the distribution of plants ... grow at different elevations because that,s where conditions like soil ...
... 2013 Annual Meeting of the Southeastern Branch of ... held March 3-6, 2013 at the Hilton Baton ... Hundreds of entomologists from Alabama, Arkansas, Florida, Georgia, ... will meet to discuss citrus greening disease, invasive ...
Cached Biology News:Clues to chromosome crossovers 2Marsh plants actively engineer their landscape 2
Rat Aortic Smooth Muscle Cells (RAOSMC) (>500,000 cells)...
Rat Dermal Fibroblasts (RDF) (>500,000 cells)...
... The miVac DNA is an ideal ... ,A centrifugal concentrator capable of removing water ... sample formats including tubes, microplates, vials and ... "work-horse" concentrator for the busy lab. ,The ...
... Brownlee Precision Model 440 incorporates four channels ... a friendly easy-to-use instrument. Each channel consists ... 8-pole Bessel lowpass filter, a highpass filter, ... controls. A control knob sets the amplifier ...
Biology Products: