Navigation Links
Escalon(R) Reports First Quarter Fiscal 2008 Results
Date:11/14/2007

WAYNE, Pa., Nov. 14 /PRNewswire-FirstCall/ -- Escalon Medical Corp. (Nasdaq: ESMC) today announced results for its fiscal first quarter ended September 30, 2007.

For the first quarter of fiscal 2008, the Company reported net revenue of $6,893,271, a 4% decrease from the $7,168,160, reported in the prior year period. This decrease was primarily due to decreased sales at the Company's Sonomed and Vascular business units, which decreased 3% and 2%, respectively, compared with the same period last fiscal year. The decrease was also attributable to decreased royalties received from the IntraLase License Agreement as a result of the Company's previously announced settlement agreement.

These decreases were offset by strong sales in the Company's Drew, Medical/Trek and Escalon Digital Solutions (EMI) business units, which increased approximately 9%, 5% and 33%, respectively, compared with the same period last fiscal year. Product revenue increased approximately $289,000, or 4%, to $6,833,000 during the three-month period ended September 30, 2007 compared with the three-month period ended September 30, 2006.

For the first quarter of fiscal 2008, the Company reported a net loss of ($828,791), or ($0.13) per diluted share, compared with a net loss of ($714,117), or ($0.11) per diluted share, in the first quarter of fiscal 2007. Cost of goods sold as a percentage of product revenue increased to approximately 57% of revenues during the three-month period ended September 30, 2007, as compared with approximately 55% of product revenue for the same period last fiscal year. Additionally, operating expenses decreased approximately 17% during the three-month period ended September 30, 2007, compared with the same perio
'/>"/>

SOURCE Escalon Medical Corp.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. Escalon(R) Reports Financial Results for 2007 Fiscal Year
2. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
3. Haemacure Reports Third Quarter 2007 Results
4. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
5. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
6. MDS Reports Third Quarter 2007 Results
7. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
8. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
9. NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
10. Blue Cross and Blue Shield of Florida Reports Eighteenth Consecutive Year of Positive Performance
11. ReBuilder Medical Technologies, Inc. Reports International Sales Expansion

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/20/2009)... Washington) November 20, 2009Emergency medical se...an estimated 350,000 cardiac arrests each year. O...iac arrest survive. Better quality cardiopulmonar...providers may be associated with better patient ou...) is the largest clinical research network to stud...
(Date:11/20/2009)...ave up to one-third buying 90-day supply, study fi... -- Buying a three-month supply of prescription dr...onth supply, according to a new study. , U.S. r...r 395 drugs between 2000 and 2005, and found that ...f a one-month supply saved an average 29 percent i...
(Date:11/20/2009)... Longtime OB/GYN warns against the n....S. Preventative Services Task Force. These guidel...rice of human lives. When is it wrong to be safe t... Preventative Services Task Force recommendations,...nternal Medicine, has set off a firestorm in the m...
(Date:11/20/2009)..., MOUNTAIN VIEW, Calif., Nov. 20 /PRNewswire-Firs...g provider of system solutions to acute healthcare...ent at the 21st Annual Piper Jaffray Healthcare C... NY. ,, Omnicell Speakers: Randall A. Lipps...eim, vice president & CFO ,, Date: Tuesda...
(Date:11/20/2009)...NEW YORK, Nov. 20 Today, iconic ...r HSN announce the launch of a capsule gift giving... for the holiday season. This collection is inspi...arch Hospital,s Thanks and Giving® Program,... encourages consumers to "give thanks for the heal...
Breaking Medicine News(10 mins):Health News:Effect of real-time CPR feedback reported at resuscitation science symposium 2Health News:Effect of real-time CPR feedback reported at resuscitation science symposium 3Health News:Three-Month Supply Lowers Drug Costs 2Health News:New Breast Cancer Recommendation May Cost Lives While Saving Money 2Health News:New Breast Cancer Recommendation May Cost Lives While Saving Money 3Health News:Omnicell to Present at Piper Jaffray Healthcare Conference 2Health News:DKNY JEANS Launches Exclusive Collection With HSN for St. Jude Children's Research Hospital's Thanks and Giving(R) Campaign 2Health News:DKNY JEANS Launches Exclusive Collection With HSN for St. Jude Children's Research Hospital's Thanks and Giving(R) Campaign 3
...ing are one of the most exquisite pieces of engine...ge, the eyes become vulnerable to a debilitating d...r breaking down, which ultimately might lead to bl... through nutrients that work as antioxidants. ...
...h control pills have been linking them to increase.... However, a new study published by Walter Spitzer...colleagues, has contradicted previous studies by s...o women who do not take birth control pills. ...
...e human recombinant "erythropoietin", a geneticall...e a potentially life-threatening anaemia among pat...his drug introduced in the late 1980s and is used ...tients affected with this disease need regular blo...
...to their new study,observed that laughter is best ...ted in the country in Mumbai in 1995 by Madan Kata...wns in the State. Laughter is believed to be the b...laughter" but also physical exercises and deep bre...
...clinic study that a potato-based powder holds pote...uts to surgical incisions, and may even combat inj...mmediate coagulation at the surface of a wound, fo...esult, they can limit the transfusion of banked bl...
...ert Howvitz and John. E. Sulston have been jointly.... The prize has been awarded by the Nobel assembly...eries concerning genetic regulation// of organ dev...rgan development were hard to tackle in higher ani...
Other Medicine News:Health News:No heart attack risk for women taking birth control pills 2Health News:Laughter – best medicine to good healt 2Health News:Nobel Prize for Medicine 2
(Date:11/20/2009)... , NEW YORK, Nov. 20 Rep... report is available in its catalogue. ,, Bloo...s - A World Market Analysis ,, http://www.re...-Measurement-Instruments---A-World-Market-Analysis...utm_campaign=prnewswire ,, Measurement of blo...
(Date:11/20/2009)... , NEW YORK, Nov. 20 Rep... report is available in its catalogue. ,, Glob... ,, http://www.reportlinker.com/p0164742/Glob...html#utm_source=prnewswire&utm_medium=pr&u...Assisted Reproduction covers the U.S., 15 Countrie...
(Date:11/20/2009)... , PLYMOUTH MEETING, Pa., Nov. 20 /PRNewsw...rk Times article that questions why currently ava...ome cancers are being ignored, ECRI Institute, an ...roadmap to the evidence on Finasteride for Preven..., The November 13, 2009, New York Times article,...
Breaking Medicine Technology:Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 2Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 3Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 4Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 5Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 6Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 7Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 8Reportlinker Adds Blood Pressure Monitoring & Measurement Instruments - A World Market Analysis 9Reportlinker Adds Global Markets for Assisted Reproductive Devices 2009 2ECRI Institute Releases Roadmap to the Evidence on Finasteride for Prevention of Prostate Cancer: New Hotline Report to Aid Healthcare Decision Makers and Journalists 2ECRI Institute Releases Roadmap to the Evidence on Finasteride for Prevention of Prostate Cancer: New Hotline Report to Aid Healthcare Decision Makers and Journalists 3Forsyth Medical Center Launches Region 26apos 3Bs First Comprehensive Teleneurology Program 60472 1Forsyth Medical Center Launches Region 26apos 3Bs First Comprehensive Teleneurology Program 60472 2Forsyth Medical Center Launches Region 26apos 3Bs First Comprehensive Teleneurology Program 60472 3Forsyth Medical Center Launches Region 26apos 3Bs First Comprehensive Teleneurology Program 60472 4Carmel Pharma Introduces PhaSeal Secondary Set 28C60 29 60467 1Carmel Pharma Introduces PhaSeal Secondary Set 28C60 29 60467 2Health information not communicated well to minority populations MU researcher finds 60462 1Health information not communicated well to minority populations MU researcher finds 60462 2Health information not communicated well to minority populations MU researcher finds 60462 3
...al Companies - , , - Announces Repurchase of Addi...EIJING, Jan. 20 American Dairy, Inc. (NYSE Arca: ...s of premium infant formula, milk powder and soybe...ded a business update. , , The Company continues...pport to meet consumer demand for reliable, high q...
...nblocking heart arteries minimally invasively will...nd less risk overall, particularly for obese patie... annual International Symposium on Endovascular Th...Americans opt for angioplasty over bypass surgery ...that beginning the angioplasty procedure by enteri...
Other Medicine Technology:American Dairy Provides Business Update 2American Dairy Provides Business Update 3American Dairy Provides Business Update 4American Dairy Provides Business Update 5American Dairy Provides Business Update 6Wrist Access Safer, Easier for Many Patients Undergoing Minimally Invasive Treatment of Blocked Heart Arteries 2
Regular Barrier
The Metalite
Full-Height Radiation Barriers
Height-Adjustable Mobile X-Ray Barrier
Medicine Products: