Navigation Links
Cyberonics Reports Fiscal 2014 First Quarter Results
Date:8/22/2013

HOUSTON, Aug. 22, 2013 /PRNewswire/ -- Cyberonics, Inc. (NASDAQ: CYBX) today announced results for the quarter ended July 26, 2013. 

Quarterly highlights Operating results for the first quarter of fiscal 2014 compared to the first quarter of fiscal 2013, and other achievements, include:

  • Net product sales of $67.4 million, an increase of 12.4%;
  • Net sales of $68.9 million (including $1.5 million of license revenue), an increase of 14.2%;
  • Worldwide unit sales of 3,354, an increase of 9.8%;
  • Record U.S. net product sales of $56.4 million, an increase of 10.8%;
  • Strong International unit sales of 899, an increase of 20.8%;
  • Adjusted non-GAAP income from operations increased by 21.9% to $21.0 million and adjusted non-GAAP income per diluted share increased by 27.9% to $0.48;¹
  • Share repurchases of $13 million; and
  • Significant progress in three clinical studies, E-36, E-37, and ANTHEM.
  • The reported results shown above for net sales, adjusted non-GAAP income from operations and adjusted non-GAAP income per diluted share for the most recent quarter reflect the impact of $1.5 million of license revenue compared to $0.4 million included in the comparable quarter of the prior year as a result of recognizing all remaining such license revenue.

    1. Operating results for the fiscal quarter ended July 26, 2013 include a $7.4 million, $4.8 million net of tax, adjustment for a litigation settlement.  The operating results for the fiscal quarter ended July 27, 2012 include an after-tax $2.5 million write-down associated with an impaired investment.  The impact of these amounts is excluded for the purposes of non-GAAP comparisons between the fiscal quarter ended July 26, 2013 and the fiscal quarter ended July 27, 2012. As discussed below under "Use of non-GAAP Financial
      '/>"/>

    SOURCE Cyberonics, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9

    Related biology technology :

    1. SPO Reports Results for Second Quarter 2013
    2. Global IVIG Market Report 2013 Edition Research at MarketReportsOnline.com
    3. Cellular Biomedicine Group Reports Second Quarter and First Half 2013 Financial Results and Business Highlights
    4. AML Therapeutics Market in the 6MM Worth $430.7m in 2017 Says a New Research Report Available at ReportsnReports.com
    5. Synthetic Biologics Reports Second Quarter 2013 Financial Results and Operational Update
    6. Intercept Pharmaceuticals Reports Second Quarter 2013 Financial Results
    7. Organovo Reports Q1 Fiscal 2014 Results, Provides Business Update
    8. Dyadic International Reports Second Quarter 2013 Financial Results
    9. Microbes Market and Microbial Products Reviewed in New Research Report at ReportsnReports.com
    10. Discovery Labs Reports Second Quarter 2013 Financial Results
    11. Global Crop Protection Chemicals Market Till 2016 - Worldwide Research Report, Industry Share, Size, Trends, Analysis, Growth and Forecast 2012-2016: MarketResearchReports
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:7/31/2014)... Food and natural product manufacturers, ... food alternatives that offer variety, as well as, ... market has numerous players operating in the marketplace ... Technology (VFT). VFT is a science-driven functional ... all tested to produce stable, effective and repeatable ...
    (Date:7/31/2014)... British mathematician (1912-1954), is famous for a number of ... In 1936 he published a paper, which laid the ... of a computer algorithm. He next played a pivotal ... which cracked the German military codes, enabling the Allies ... in the late 1940,s he turned his attention to ...
    (Date:7/31/2014)... York , July 31, 2014 ... Transparency Market Research "Quantum Dots Market - Global Industry ... 2023," the market was valued at USD 88.5 million ... million by 2023, growing at a CAGR of 53.8% ... Quantum Dots Market Report at  http://www.transparencymarketresearch.com/quantum-dots.html ...
    (Date:7/31/2014)... DUBLIN , July 31, 2014 ... the "Global Genomics Market 2014-2018" report to ... Genomics is the study of the genetic ... to be a strong basis for the discovery and ... of human diseases or health conditions. Genomics is supported ...
    Breaking Biology Technology:Functional Ingredient Manufacturer – Vital Force Technology Infuses Raw Materials & Ingredients with Subtle Energy Formula 2A mathematical theory proposed by Alan Turing in 1952 can explain the formation of fingers 2A mathematical theory proposed by Alan Turing in 1952 can explain the formation of fingers 3Global Quantum Dots Market is Expected to Reach USD 8,246.8 Million in 2023: Transparency Market Research 2Global Quantum Dots Market is Expected to Reach USD 8,246.8 Million in 2023: Transparency Market Research 3Global Quantum Dots Market is Expected to Reach USD 8,246.8 Million in 2023: Transparency Market Research 4Global Genomics Market 2014-2018: Key Vendors are F. Hoffmann-La Roche, Life Technologies, Qiagen and Illumina 2
    ... 26 BioStorage Technologies, Inc.,(BST), announces the appointment ... company,s European operations in Griesheim, Germany. Hoffer,joins BST ... the fields of,clinical pharmacology and toxicology. In his ... Saponaro, Chief Operating Officer for BST, and will,manage ...
    ... /PRNewswire-FirstCall/ - ARIUS Research Inc., (TSX:,ARI), a biotechnology ... therapeutics, today announced that five abstracts have been,selected ... Research,(AACR) Annual Meeting held from April 12-16, 2008 ... that will disclose new findings,about its CD44, TROP-2, ...
    ... to Brazil ... and Paraguay, ... the Sanofi-aventis Group, announced today that six,million doses of Stamaril(TM)(1) yellow ... yellow fever epidemic in Latin,America., Brazil received four million doses ...
    Cached Biology Technology:BioStorage Technologies Appoints Dr. Wolfgang Hoffer as Managing Director of European Operations 2ARIUS announces five abstracts selected for presentation at 2008 AACR Annual Meeting 2ARIUS announces five abstracts selected for presentation at 2008 AACR Annual Meeting 3Sanofi Pasteur Mounts Emergency Response to Yellow Fever Epidemic in Latin America 2Sanofi Pasteur Mounts Emergency Response to Yellow Fever Epidemic in Latin America 3
    (Date:7/31/2014)... alters how the brain processes speech, potentially increasing ... neuroscientists at The University of Texas at Dallas. ... Ear and Hearing , researchers demonstrated for ... the brain,s recognition of speech sounds. , Noise-induced ... population, affecting an estimated 15 percent of Americans ...
    (Date:7/31/2014)... Dr. Oren Tessler, Assistant Professor of Clinical Surgery at ... is part of a team of plastic and reconstructive ... method to screen and select patients for a specific ... patients who underwent this surgery to decompress the nerves ... bonus cosmetic eyelid surgery. The study, which confirms the ...
    (Date:7/31/2014)... SHELTON, Conn. , July 31, 2014 /PRNewswire/ ... on the growing m-commerce market, reminds investors and ... generation smart wallet, Wocket™, that it will be on-air ... biometrically secure Wocket smart wallet will be featured ... consumer oriented television show that airs on the ...
    Breaking Biology News(10 mins):UT Dallas study reveals effect of loud noises on brain 2Surgeons report significant migraine relief from cosmetic eyelid surgery technique 2NXT-ID's Next Generation Biometric Smart Wallet Featured on NewsWatch Consumer Show on the History Channel and FYI Network Today, July 31st 2NXT-ID's Next Generation Biometric Smart Wallet Featured on NewsWatch Consumer Show on the History Channel and FYI Network Today, July 31st 3
    ... , New Rochelle, NY, February 2, 2012Small RNA-based nucleic acid ... silencing abnormal or overactive disease-causing genes, and researchers have ... activity. A comprehensive review article in Nucleic ... Mary Ann Liebert, Inc. , details these advances. ...
    ... our most basic urges, and as scientists have known for ... But how? Now a team of scientists at the ... influenced by the male and female sex hormones testosterone and ... and female behaviors in mice. The UCSF team selectively ...
    ... Durham, NC Most creatures face compromises when they reproduce ... babies, the less they can invest in each one. But ... long assumed that plants with bigger, showier flowers can make ... hold up, scientists say. A new study by researchers at ...
    Cached Biology News:Male and female behavior deconstructed 2Male and female behavior deconstructed 3Male and female behavior deconstructed 4Bouquet bargains 2
    ... One-Step Kit is the ultimate in ... It has been specifically designed to ... Reverse-iT™ One-Step Kit combines the unique ... Thermoprime Plus DNA Polymerase to provide ...
    ...
    ... G bind specifically to Fc regions of ... G conjugates are commonly used as affinity ... subtypes from serum, hybridoma ascites fluids, tissue ... reagents are also commonly used to capture ...
    ... and pathophysiological stressful conditions trigger the synthesis ... heat shock proteins (HSPs), more appropriately called ... Hsp90 family of proteins in mammalian cells ... and Trap-1 (Hsp75). It was found that ...
    Biology Products: