Navigation Links
ATS Medical Announces Second Quarter Results
Date:8/4/2008

Second Quarter 2008 Revenue Increases 36% to $16.9 Million

Gross Profit Margin at 60.9% Sets Quarterly Record

Company Raises Lower End of 2008 Revenue Guidance

MINNEAPOLIS, Aug. 4 /PRNewswire-FirstCall/ -- ATS Medical, Inc. (Nasdaq: ATSI), manufacturer and marketer of state-of-the-art cardiac surgery products and services, today reported financial results for the second quarter ended June 28, 2008. Revenue for the quarter was $16.9 million, up 36.1% from $12.4 million reported in the second quarter of 2007, and at the upper end of its preliminary guidance of $16.7 million to $16.9 million provided on July 7, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040202/ATSILOGO)

Domestic revenue increased 63.9% and international revenue increased 22.8% over the second quarter of 2007. Revenue from the Company's ATS CryoMaze(TM) cryoablation products for the treatment of cardiac arrhythmias grew 227% to a quarterly record of $4.4 million. Revenue from the Company's heart valve therapy products, consisting of mechanical valves, tissue valves and repair products, was up 12.2% on a year-over-year basis to $12.1 million. The growth reflected an 8.1% increase in mechanical valve revenue, an 80.6% increase in valve repair revenue and a 224% increase in tissue valve revenue. Revenue from products and services other than the Company's mechanical valves represented 36% of total revenue during the second quarter of 2008 compared with 19% in the second quarter of 2007.

Gross profit margin for the second quarter of 2008 set another quarterly record at 60.9%, representing significant improvement from 55.3% in the
'/>"/>

SOURCE ATS Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. MSU engineering team designs innovative medical device
2. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
3. Providence St. Joseph Medical Center, Caregivers Reach Agreement on a Union Contract
4. Owner and Operator of Florida Durable Medical Equipment Company Convicted of Medicare Fraud
5. Father and Daughter From Tanzania Receive Their First Medical Examination in Newport Beach
6. Doctors and medical ethicist discuss whether doctors should participate in capital punishment
7. Preparation for Natural Disasters Critical for People With Diabetes, Chronic Medical Conditions
8. Doctors and Medical Ethicist Discuss Whether Doctors Should Participate in Capital Punishment
9. Symmetry Medical Completes Acquisition Of Specialty Surgical Instruments
10. Milestone Scientific Announces Successful Completion of its Collaboration Agreement With Carticept Medical
11. FDA Seeks to Regulate Complementary and Alternative Medicine; Products Such as Vegetable Juice Could Be Restricted for Medical Use

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/1/2009)...PRNewswire-USNewswire/ -- The following is being r...opment: ,, Chairman Kerry, Ranking Member Lugar... to be nominated by President Obama to serve as Ad...ational Development, and I appreciate his confiden...tate Clinton has expressed the conviction that, al...
(Date:12/1/2009)... Performing surgical operations without leaving sc...ality. This is demonstrated by the recent surgical...uminal Endoscopy Surgery), an innovative surgical ...y,s natural orifices. The results are all advantag...tal stay and faster recovery. Currently, this type...
(Date:12/1/2009)... Universit de Montral researcher, funded by the In... and Violence Against Women, has launched a new st..."We started our research seeking men in their twen...,t find any," says Simon Louis Lajeunesse, a postd...ial Work. , "The objective of my work is to obs...
(Date:12/1/2009)...l measles deaths drop worldwide, but gains at risk...009 -- WHAT: Measles Initiative partners -- the...rol and Prevention, the United Nations Foundation,... will announce the latest global health achievemen...ber 3, 2009 at 10:00 a.m. ET/16:00 CET. There wil...
(Date:12/1/2009)... 1 US Farms, Inc., (OTC:...and Wellness products is pleased to announce it ha...ornia Micro-Lending Institution: Angels In Action ... Farms, Inc. stated, "We are pleased to announce t...n utilizing our Aloe365.com product line. We are d...
Breaking Medicine News(10 mins):Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 2Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 3Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 4Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 5Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 6Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 7Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 8Health News:Testimony Before the Senate Committee on Foreign Relations Administrator Designate Dr. Rajiv Shah December 1, 2009 9Health News:Hospital Clinic Barcelona and Massachusetts General Hospital extract rectal mass through anus 2Health News:Hospital Clinic Barcelona and Massachusetts General Hospital extract rectal mass through anus 3Health News:Are the effects of pornography negligible? 2Health News:**MEDIA ADVISORY** Measles Initiative to Announce Major Achievement in Public Health 2Health News:US Farms, Inc. Announces Marketing Agreement With Micro Lending Institution Angels In Action 2Health News:US Farms, Inc. Announces Marketing Agreement With Micro Lending Institution Angels In Action 3
...uscle Pharm has added Europa Sports as a,distribut...opa distributes to,over 10,000+ stores nationwide,...ment. , "Having Europa will allow us to reac...ident. , For inquires about Muscle Pharm pro...
...Resurrection Health Care has been ranked,the natio...n Healthcare,magazine. The national award recogniz...ment communities, home health services, behavioral...zations nationwide that enable employees to perfor...
...AREXEL International Corporation,(Nasdaq: PRXL )...AQ OMX 22nd,Investor Program in London, England. ... Officer will be making a formal presentation on P...PAREXEL,s "Investors",homepage at www.PAREXEL.com...
... LegalView recently updated its traumatic... the story of one soldier,s family who have taken ... the signature wound of soldiers returning from Ir...) December 1, 2008 -- LegalView.com, the number on...
... with early-stage breast cancer who have undergone...ith a partial-breast radiation treatment called br...at the annual meeting of the Radiological Society ...tients who undergo whole-breast radiation therapy....
...ll. A study in the Dec. 1 issue of the journal S...natal smoking exposure strongly modify sleep patte... higher risk for developmental difficulties that c...igarettes per day displayed disrupted sleep struct...
Other Medicine News:Health News:Resurrection Health Care Named One of Nation's 'Best Places to Work in Healthcare' 2Health News:PAREXEL International to Present at NASDAQ OMX 22nd Investor Program 2Health News:LegalView Updates Brain Injury Site with Information on TBI Disabled Soldier's Family 2Health News:LegalView Updates Brain Injury Site with Information on TBI Disabled Soldier's Family 3Health News:Breast cancer treatment offers better outcome to women with implants 2Health News:High levels of prenatal smoking exposure affect sleep patterns in preterm neonates 2Health News:High levels of prenatal smoking exposure affect sleep patterns in preterm neonates 3
(Date:12/1/2009)... 1 CCS Medical, Inc. a leading dir...y announced that it has received approval from the...laware (the "Court") for its bidding procedures in...f substantially all of its assets. ,, Pursuant ...roved bidding procedures for the sale of substanti...
(Date:12/1/2009)...RNewswire-FirstCall/ -- CEL-SCI Corporation (NYSE ...developer of vaccines and therapeutics for the pre...unced today that it has retained the services of a...O) to run CEL-SCI,s upcoming Phase III clinical tr...the Company,s lead product candidate, Multikine...
(Date:12/1/2009)... 1 MedQuist Inc. (Nasd...led clinical documentation services, today announc...Design, Inc. has been integrated with SpeechQ for ...tion system. The solution is being demonstrated at...convention November 29 through December 2. ,...
Breaking Medicine Technology:CCS Medical Wins Approval from Bankruptcy Court for Its Chapter 11 Asset Sale Bidding Procedures 2CEL-SCI Retains Global Contract Research Organization to Manage Upcoming Phase III Clinical Trial for Its Cancer Drug Multikine 2CEL-SCI Retains Global Contract Research Organization to Manage Upcoming Phase III Clinical Trial for Its Cancer Drug Multikine 3MedQuist Integrates Search Engine from Primordial with SpeechQ(TM) for Radiology 2Investigational Sublingual Allergy Immunotherapy Tablet Meets Primary Endpoint in a Study of Adult Subjects With a History of Grass Pollen Allergies 5907 1Investigational Sublingual Allergy Immunotherapy Tablet Meets Primary Endpoint in a Study of Adult Subjects With a History of Grass Pollen Allergies 5907 2Prasco Enters into Agreements with sanofi aventis U S to Provide Sales Support and Distribution Services for Authorized Generic Versions Under the Wi 5904 1Prasco Enters into Agreements with sanofi aventis U S to Provide Sales Support and Distribution Services for Authorized Generic Versions Under the Wi 5904 2Nations hip fracture rate could drop 25 percent with aggressive osteoporosis prevention 60511 1Nations hip fracture rate could drop 25 percent with aggressive osteoporosis prevention 60511 2Nations hip fracture rate could drop 25 percent with aggressive osteoporosis prevention 60511 3
... ANGELES, Aug. 10 New and innovative,programs to ...onize kidney,transplantation. At UCLA, for example...all "living donor swap." This program enables the... who is not compatible as a donor to "swap" organs...ncompatible match for his or her,relative or frien...
...odopa Remains the Most Widely Prescribed Drug for ...Report from Decision Resources, WALTHAM, Mass., A...ding research and advisory firms focusing on pharm...cent of newly diagnosed Parkinson,s,disease patien...year of,diagnosis. According to the new report ent...
Other Medicine Technology:UCLA Program Aims to Revolutionize Kidney Transplants 2Sixty-One Percent of Newly Diagnosed Parkinson's Disease Patients Do Not Receive Any Drug Treatment in the First Year of Diagnosis 2Sixty-One Percent of Newly Diagnosed Parkinson's Disease Patients Do Not Receive Any Drug Treatment in the First Year of Diagnosis 3
...laboratory and a worldwide leader in innovative la...extensive test menu of highly complex and unique m...wned by the University of Utah, ARUP Laboratories'...iversity teaching hospitals and children's hospita...
...laboratory and a worldwide leader in innovative la...extensive test menu of highly complex and unique m...wned by the University of Utah, ARUP Laboratories'...iversity teaching hospitals and children's hospita...
...laboratory and a worldwide leader in innovative la...extensive test menu of highly complex and unique m...wned by the University of Utah, ARUP Laboratories'...iversity teaching hospitals and children's hospita...
...laboratory and a worldwide leader in innovative la...extensive test menu of highly complex and unique m...wned by the University of Utah, ARUP Laboratories'...iversity teaching hospitals and children's hospita...
Medicine Products: