Navigation Links
CardioDynamics Reports Eighth Consecutive Quarterly Revenue Increase Over Prior Year and 12% Revenue Growth in 2008
Date:2/5/2009

icularly strong in the fourth quarter with purchases by General Electric Medical Systems (GEMS) of 72 ICG Modules and Mindray of 80 ICG Modules. The Company also received a firm purchase order in January 2009 from Mindray for an additional 150 ICG Modules deliverable in 2009.

ICG sensor revenue in the fourth quarter was a record $1.9 million, due in part to the clinical sales team's focused customer service efforts through the launch of the Comprehensive Customer Care (C3) and ICG CERTIFIED programs.

Gross margin as a percentage of sales increased from 68% to 72% in fiscal 2008, largely due to lower manufacturing overhead costs, 9% average unit sales price improvement, and lower inventory reserve requirements.

As part of the Company's efforts to accelerate the return to profitability, tight expense control resulted in a 1% overall reduction in 2008 operating expenses with the most significant savings occurring in non revenue generating areas including General and Administrative expenses, down $321,000 and Research and Development, down $188,000. The Company surpassed one of its major 2008 goals by achieving $276,000 of positive operating cash flow in the fourth quarter of 2008.

Fourth Quarter 2008 operating loss improved 47% to $442,000, down from an operating loss of $830,000 in fourth quarter 2007. The operating loss for fiscal 2008 was $2.0 million, a 58% improvement from fiscal 2007 operating loss of $4.8 million. Fiscal 2008 loss before income taxes, depreciation, amortization and equity compensation was $1.0 million, an improvement of $2.9 million, or 74%

CEO Comments and Outlook

"We were pleased with the continued improvement in our key operating metrics during the fourth quarter and throughout 2008," stated Michael K. Perry, Chief Executive Officer of CardioDynamics. "Despite the challenging business climate, we achieved our eighth consecutive
'/>"/>

SOURCE CardioDynamics
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7

Related medicine news :

1. CardioDynamics Announces Investors Retain $5.25 Million 8% Convertible Debt Securities
2. CardioDynamics Reports Second Fiscal Quarter 2008 Results, 18% Revenue Increase for First Half 2008
3. CardioDynamics Announces Second Quarter 2008 Conference Call and Webcast
4. CardioDynamics Announces Significant ICG Study with Nearly Three Times the National Average Blood Pressure Control Rates at the American Society for Hypertension Annual Scientific Meeting
5. CardioDynamics Reports 22% Revenue Growth in First Quarter 2008
6. CardioDynamics Board of Directors Proposes Reverse Split 1:7 of Companys Shares
7. CardioDynamics Reports Fourth Quarter and Fiscal 2007 Results with 10% Revenue Growth in 2007
8. CardioDynamics Announces Strategic Alliance With Leading Medical Equipment Manufacturer in India
9. CardioDynamics Announces Third Quarter 2007 Conference Call and Webcast
10. Cepheid Reports Fourth Quarter and Full Year 2008 Results
11. Palomar Medical Reports Financial Results for Fourth Quarter and Fiscal Year 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2013)... Routinely measuring fractional flow reserve (FFR) using pressure ... chest pain leads to significant changes in the ... results from a study reported at EuroPCR 2013. ... influence management strategy at coronary angiography for diagnosis ... whether routine assessment of FFR in all the ...
(Date:5/24/2013)... 2013 In a coup that surely made ... of the Estetica Institute of the Palm Beaches performed ... FM’s popular morning show, “The Mo & Sally Morning Show.” ... their satisfaction with the results, giving Dr. DeLange and the ... Palm Beach Gardens, very valuable free publicity. , Dr. DeLange, ...
(Date:5/24/2013)... Electric™ Energy Straws, an exciting new brand of on-the-go energy ... be the lead sponsor on Munoz’s Chevy #26 car at ... who is part of Andretti Autosports’ fantastic five racing team, ... to be named the 2013 Indy 500 Fastest Rookie Driver ... , While Munoz is grabbing headlines around the racing world ...
(Date:5/24/2013)... General Data Company Inc., a ... and data management products and solutions, has announced ... (TBS) of Durham, North Carolina, a leading manufacturer ... the clinical and research pathology marketplace. TBS will ... provides specialty products and solutions to hospitals, independent ...
(Date:5/24/2013)... presented today shows that formation of new neurons in ... importance in learning and remembering - could cause forgetting ... brain circuits. Drs. Paul Frankland and Sheena Josselyn, ... argue this reorganization could have the positive effect of ... for new learning. These results were presented at ...
Breaking Medicine News(10 mins):Health News:Diagnostic coronary angiography: Functional flow reserve changes decisions in 25 percent of cases 2Health News:Dr. Greg DeLange of the Estetica Institute Recently Performed Eye Surgery on Both Members of Popular Morning Radio Team 2Health News:Unistraw Electric™ Energy Straw Chevy Car Powers Indianapolis 500 Rookie Driver Carlos Munoz 2Health News:Unistraw Electric™ Energy Straw Chevy Car Powers Indianapolis 500 Rookie Driver Carlos Munoz 3Health News:General Data Acquires Triangle Biomedical Sciences 2Health News:General Data Acquires Triangle Biomedical Sciences 3Health News:New neuron formation could increase capacity for new learning, at the expense of old memories 2
... The International Association for Dental Research (IADR) announces Dr. ... Diseases (NIAID) at the National Institutes of Health in ... Dr. Fauci will be recognized at the 87th General ... 1, 2009. , In 1984, Dr. Fauci became director ...
... -- Thirty-seven scientists from Cold Spring Harbor Laboratory (CSHL) and ... have issued a major challenge to the neuroscience community. ... a just-published paper, to assemble a comprehensive map of the ... age in which the genomes of many organisms, including that ...
... Ga. A failing heart makes a lot of a ... the body but not enough of the enzyme needed to ... developed, Medical College of Georgia researchers found people in heart ... pro-ANP, or pro-atrial natriuretic peptide, a hormone made by heart ...
... Special Calling: Knowledge ... Leadership ... A Commitment to Caring ... With a majority of its nurses nearing retirement age, the ... members to respond to a new calling this April - ... and Continence Nurses Week, April 12 - 18, the Society ...
... SAN FRANCISCO, March 31 Pacific Fertility Center is ... preimplantation genetic diagnosis (PGD) and preimplantation genetic screening (PGS). ... and PGS. The use of this science for such ... for which it is used today. Pacific Fertility Center ...
... The not-for-profit LENA Foundation is putting ... of the Society of Research in Child Development (SRCD). ... talks and one poster will be presented based on ... )"This year,s SRCD is a great opportunity for our ...
Cached Medicine News:Health News:CSHL neuroscientists propose project to comprehensively map mammalian brain circuits 2Health News:CSHL neuroscientists propose project to comprehensively map mammalian brain circuits 3Health News:CSHL neuroscientists propose project to comprehensively map mammalian brain circuits 4Health News:CSHL neuroscientists propose project to comprehensively map mammalian brain circuits 5Health News:New tests provide new insight into why patients are in heart failure 2Health News:New tests provide new insight into why patients are in heart failure 3Health News:Wound, Ostomy & Continence Nurses Society Focuses On Preparing the Next Generation of Leaders 2Health News:Wound, Ostomy & Continence Nurses Society Focuses On Preparing the Next Generation of Leaders 3Health News:PGD Technology Offers More Than Designer Babies 2Health News:PGD Technology Offers More Than Designer Babies 3Health News:PGD Technology Offers More Than Designer Babies 4Health News:Five Research Studies at International SRCD Meeting in Denver Use Technology from Boulder Foundation 2Health News:Five Research Studies at International SRCD Meeting in Denver Use Technology from Boulder Foundation 3
(Date:5/23/2013)... OAKS, Calif. , May 23, 2013 Amgen ... Bank 38 th Annual  Healthcare Conference on Thursday, May ... Boston , beginning at 9:20 a.m. Eastern Daylight Time. ... Relations at Amgen, will present at the conference. Live audio ... on Amgen,s website, www.amgen.com , under Investors. A replay ...
(Date:5/23/2013)... -- A recently published clinical study conducted at TOPS Comprehensive ... demonstrates that 3D mammography (breast tomosynthesis) significantly reduces unnecessary ... The study, "Implementation of Breast Tomosynthesis in a Routine ... Stephen L. Rose , MD, and published ... of Roentgenology (AJR). The AJR is the scientific ...
(Date:5/23/2013)... Anthem Blue Cross patients with HIV/AIDS may ... to obtain their medications by mail order under a ... LLC.  The lawsuit, filed in January ... mandatory mail order program announced late last year illegally ... "This settlement brings to a close a nerve-racking ...
Breaking Medicine Technology:First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 2First Large-Scale U.S. Study Validates the Benefits of 3D Mammography (Breast Tomosynthesis) Exams 3Blue Cross To Allow HIV/AIDS Patients to "Opt-Out" of Mandatory Mail-Order Rx Drug Program, Announces Consumer Watchdog 2Blue Cross To Allow HIV/AIDS Patients to "Opt-Out" of Mandatory Mail-Order Rx Drug Program, Announces Consumer Watchdog 3
... George Products Company, Inc. has announced the addition ... OASIS Inspection Systems. Florida Metrology, based ... OASIS Inspection Systems is a line of highly accurate ... control departments across the United States. Tim Row of ...
... Sutro Biopharma, a biopharmaceutical company developing both ... properties, today announced that it has appointed Trevor ... Hallam will lead Sutro,s ongoing efforts in the ... platform for the research and development of novel ...
Cached Medicine Technology:Florida Metrology To Distribute OASIS Inspection Systems 2Sutro Biopharma Appoints Trevor Hallam, Ph.D., as Chief Scientific Officer 2
... Stand Magnifier offers versatility across a ... lens and the light are adjustable. ... hand held objects can be worked ... parallel to the work surface, lay ...
Bausch & Lomb magnifiers incorporates precision optics and patented ergonomic designs for increased clarity and comfort during use....
... Central platform with integrated neck. Piston ... an internal spring to recoil to ready ... precision milled cavity in platform. Accepts disposable ... Designed for the use in in the ...
... TLS Surgical Markers allows ... incision sites with a scrub-resistant, ... Surgical Markers are provided sterile, ... individually packaged in peel pouches. ...
Medicine Products: