Navigation Links
Cardiogenesis Reports Fourth Quarter and Fiscal Year 2008 Results
Date:3/31/2009

$555,000 as compared with an operating loss of $32,000 in the prior year quarter. The net loss for the quarter was $573,000 or $0.01 per basic and diluted share, as compared with a net loss of $84,000, or $0.00 per basic and diluted share in the 2007 fourth quarter.

For the year ended December 31, 2008 the Company reported an operating loss of $320,000 as compared with an operating income of $856,000 for the prior year period. The net loss for the year ended December 31, 2008 was $315,000, or $0.01 per diluted share, compared with net income of $578,000, or $0.01 per diluted share, for the year ended December 31, 2007.

The gross margin percentage was 73% of net revenues for the quarter ended December 31, 2008 as compared with a 63% gross margin percentage in the fourth quarter of 2007. Gross profit increased by $50,000 to $1,781,000 for the current year quarter as compared with $1,731,000 for the 2007 fourth quarter.

For the year ended December 31, 2008, the gross margin percentage was 82% of net revenues as compared to 76% of net revenues for the year ended December 31, 2007. Gross profit increased by $801,000 to $9,911,000 for the year ended December 31, 2008, as compared to $9,110,000 for the prior year period. The increase in the gross margin percentage and gross profit for the year ended December 31, 2008 resulted from a combination of higher laser and handpiece average sales prices, a decrease in inventory obsolescence charges of $346,000, and recognition of $234,000 of deferred revenue for which there is no associated cost of goods sold. Inventory obsolescence charges for the years ended December 31, 2008 and 2007 were $187,000 and $533,000, respectively. Approximately $155,000 of the obsolescence charges in 2008 were related to PMC inventory. The remaining $32,000 was related to the TMR 2000 System product line. In the fourth quarter of 2007, the Company announced that, since TMR 2000 System componen
'/>"/>

SOURCE Cardiogenesis Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Cardiogenesis Receives FDA Approval for PEARL 5.0 Robotic Hand Piece
2. Cardiogenesis Corporation to Report 2007 Fourth Quarter and Year-End Results on March 4th
3. Cardiogenesis Corporation Reports Delay in Earnings Release and Conference Call
4. Cardiogenesis Corporation Announces Rescheduled Fourth Quarter and Full Year 2007 Earnings Release
5. Cardiogenesis Corporation to Report 2008 First Quarter Results on May 15th
6. Cardiogenesis Reports First Quarter 2008 Results
7. Cardiogenesis Announces Preliminary Results Combining TMR + Platelet Rich Plasma (PRP)
8. Cardiogenesis Announces Successful Educational Symposium Targeted at Cardiologists at the TCT Meeting in Washington, D.C.
9. Cardiogenesis Corporation to Report Third Quarter 2008 Results on November 13th
10. Cardiogenesis Announces Successful Educational Symposium at Society of Thoracic Surgeons Meeting in San Francisco
11. Cardiogenesis Corporation to Report 2008 Fourth Quarter and Year-End Results on March 31st
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2015)... Ticket Down is a reputable source for authentic tickets ... While the World Cup is the most known soccer tournament ... International Champions Cup is one of the biggest tournaments held ... for soccer in the United States set when Manchester United ... of Michigan. This year, the defending champion Manchester United club ...
(Date:5/4/2015)... Los Angeles dental implants ... comfortable and attractive alternative for patients with dentures. Dentures ... who have lost teeth. Unfortunately, they also require some ... at the worst possible moment and may make clicking ... also painfully pinch or rub gums, leaving sores and ...
(Date:5/4/2015)... Chicago, Ill., (PRWEB) May 04, 2015 ... the American Brain Tumor Association (ABTA) show that people ... their diagnosis and treatment options, including clinical trials, at ... of days to make difficult decisions about their course ... the launch of the first nationwide brain tumor volunteer ...
(Date:5/4/2015)... San Diego, CA (PRWEB) May 04, 2015 ... hosted a ribbon cutting ceremony at their brand new, ... of this year. The new building will not only ... patient population, but will also offer community and educational ... , The new facility is located next door to ...
(Date:5/4/2015)... 2015 New West Medicare is excited ... LLC to manage outpatient advanced imaging services for its ... ensure its members are provided the right test at ... closely with New West Medicare’s physicians and hospitals, Care ... of advanced imaging and provide an objective basis for ...
Breaking Medicine News(10 mins):Health News:Cheap 2015 International Champions Cup (ICC) Tickets: Ticket Down Slashes Ticket Prices on International Champions Cup (ICC) Presale Tickets 2Health News:Cheap 2015 International Champions Cup (ICC) Tickets: Ticket Down Slashes Ticket Prices on International Champions Cup (ICC) Presale Tickets 3Health News:Cheap 2015 International Champions Cup (ICC) Tickets: Ticket Down Slashes Ticket Prices on International Champions Cup (ICC) Presale Tickets 4Health News:Los Angeles Dental Implants Doctor, Kevin Sands DDS, Now Offers a More Comfortable and Aesthetically-Pleasing Solution to Denture-Wearers 2Health News:American Brain Tumor Association Poll Underscores Need for Greater Awareness and Education at Time of Diagnosis 2Health News:American Brain Tumor Association Poll Underscores Need for Greater Awareness and Education at Time of Diagnosis 3Health News:San Diego Fertility Center Hosted a Ribbon Cutting Ceremony at Its New, Expanded Facility 2Health News:San Diego Fertility Center Hosted a Ribbon Cutting Ceremony at Its New, Expanded Facility 3Health News:New West Medicare Partners with Care to Care, LLC to Manage Advanced Imaging Services 2
... study at University of Alberta ,shows a strong work ... Albertans with congestive heart failure manage their illness , in that ... ,Elders in our study tend to view their work ... with an attitude of I can wait it out or not ...
... encounter with a Jewish prostitute might have led Hitler ... study by psychiatrists. ,Hitler might have contracted ... eventually targeting of the Jews and the mentally retarded. ... theory, according to psychiatrist Dr Bassem Habeeb. ...
... into the alleged incident of a 15-year-old boy performing ... ,In April, Dileepan Raj, a Class X ... supervision at the Mathi Surgical and Maternity Hospital in ... ,Dipeean's parents K. Murugesan and Gandhimathi ...
... in India would have "severe consequences in society", a Madhya ... an all-party meeting to discuss the issue. ... stir controversy in the state, Public Works Department (PWD) Minister ... the import and sale of products like sex toys be ...
... As temperature influences the toxic effects of chemicals, so ... organism. The consequences of this harmful reciprocal relationship ... study published in the latest issue of Environmental Toxicology ... of three organic chemicals commonly found in the environment: ...
... received an approvable letter from the US Food ... release tablets (previously referred to as SPD503), ... studied in children and adolescents with Attention-Deficit/Hyperactivity Disorder ... nonstimulant, is not a controlled substance and does ...
Cached Medicine News:Health News:Rural Work Ethic Curbs Elderly Heart Care 2Health News:Hitler's Holocaust may Have Stemmed from Syphilis from Jewish Prostitute 2Health News:Minister from MP Urges to Ban the Sale of Sex Toys 2Health News:FDA Approves INTUNIV (guanfacine) for the Treatment of ADHD 2
(Date:5/4/2015)... WHIPPANY, N.J. , May 4, 2015 ... agreement with Isis Pharmaceuticals, Inc. (NASDAQ: ISIS ) ... clinical development for the prevention of thrombosis. Under the ... in areas of high unmet medical need. As ... evaluate the therapeutic profile of ISIS-FXI Rx in ...
(Date:5/4/2015)... BUFFALO, N.Y. , May 4, 2015 /PRNewswire/ ... Stephanie Englert , PharmD, has completed preliminary analysis ... Disorder and Schizophrenia. Resources from Clinical Support Services, ... Medication Reviews (CMR) with patients currently taking psychiatric ... events. The research found that 93% of patients ...
(Date:5/4/2015)... , May 4, 2015 MEI Pharma, ... focused on the clinical development of novel therapies ... mitochondria-specific effects of the Company,s investigational drug candidate ... activity when combined with a tyrosine-kinase inhibitor (TKI). ... to be a potent inhibitor of mitochondrial oxidative ...
Breaking Medicine Technology:Bayer Licenses Investigational ISIS FXI(Rx) from Isis Pharmaceuticals to Develop and Commercialize for the Prevention of Thrombosis 2Bayer Licenses Investigational ISIS FXI(Rx) from Isis Pharmaceuticals to Develop and Commercialize for the Prevention of Thrombosis 3Clinical Support Services, Inc. Verifies That Increased Availability of MTM Services Facilitates Identification of Adverse Drug Effects in Psychiatric Patients 2Clinical Support Services, Inc. Verifies That Increased Availability of MTM Services Facilitates Identification of Adverse Drug Effects in Psychiatric Patients 3MEI Pharma's Mitochondrial Inhibitor ME-344 Shows Enhanced Anti-Tumor Activity in Combination with Tyrosine-Kinase Inhibitor in Pre-Clinical Studies 2MEI Pharma's Mitochondrial Inhibitor ME-344 Shows Enhanced Anti-Tumor Activity in Combination with Tyrosine-Kinase Inhibitor in Pre-Clinical Studies 3MEI Pharma's Mitochondrial Inhibitor ME-344 Shows Enhanced Anti-Tumor Activity in Combination with Tyrosine-Kinase Inhibitor in Pre-Clinical Studies 4MEI Pharma's Mitochondrial Inhibitor ME-344 Shows Enhanced Anti-Tumor Activity in Combination with Tyrosine-Kinase Inhibitor in Pre-Clinical Studies 5
Ultra-Slip™ endotracheal tube guide for single-patient use only., ,Caution: Not MRI Compatible....
FlexiSlip™ Plastic coated malleable metal core. Single use, Sterile, Latex Free. Soft distal tip flexes to reduce risk of trauma to patient. Malleable metal core is easy to shape. Low friction ...
Slick® Disposable Endotracheal Stylet, Nylon-coated wire, Malleable core, Sureloc Stop helps maintain desired length for patient safety. Handle forming capability for better grip. Sterile. Single...
... Requires minimal cervical spine manipulation. Prevent ... or nasally. Cost effective alternative to X-ray. ... of the soft tissues in the neck. ... location of the trachea relative to the ...
Medicine Products: