Navigation Links
Hill-Rom Reports Second Quarter Financial Results
Date:5/4/2009

unfavorable product mix. Rental gross profit grew by 7.5 percent and associated gross margin improved 490 basis points, due primarily to new product introductions and lower field service costs.

-- Operating expenses declined by $18.8 million, or 12.8 percent. As a percent of sales, operating expenses declined 120 basis points to 38.0 percent. Job elimination actions, volume-related compensation savings, prior year funeral services spin-off-related costs and other general and administrative cost savings actions were the primary drivers of these lower expense levels. Liko operating expenses for the quarter totaled $8.3 million, bringing the total reduction in operating expenses on an as adjusted basis to 14.2 percent, excluding Liko.

-- Hill-Rom cash flow from operations was $55.1 million, an increase of 6.8 percent. Free cash flow was $39.1 million, an increase of 70.7 percent. The company's cash position improved to $84.6 million, up $35.1 million from last quarter.

-- The income tax rate for the quarter is unusual in light of the significance of the non-cash intangible charge and the lack of deductibility of this charge for income tax purposes. On an as adjusted basis, the effective tax rate was 35.2 percent for the quarter compared to 40.9 percent in the prior year. Discrete tax expense was recognized in each period in the amounts of $0.8 million and $1.8 million, respectively.

-- During the quarter we announced a plan to aggressively manage our cost structure through: Consolidation of certain manufacturing and selected back office operations; redeployment of U.S. sales and service resources to increase our customer presence and support; reduction in non-sales, non-research and development expenses; a voluntary early retirement program, and involuntary job eliminations. We also wrote-off certain operating assets associated with these initiatives. In conjunction with these actions w
'/>"/>

SOURCE Hill-Rom Holdings, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Related medicine news :

1. Hill-Rom to Present at the Bank of America 2009 Health Care Conference
2. Hill-Rom Holdings, Inc. Invites You to Join Its Fiscal 2009 Second Quarter Earnings Webcast
3. JCR and Hill-Rom Name First Nurse Scholar-in-Residence
4. Hill-Rom Announces Second Quarter 2009 Dividend
5. Hill-Rom to Present at the Canaccord Adams Musculoskeletal Conference
6. Hill-Rom Reports First Quarter Revenue Growth of 3.0 Percent to $352 Million and Earnings Per Fully Diluted Share From Continuing Operations of $0.23, an Increase of 15.0 Percent From the Prior Year
7. DRE Medical Equipment Now Sells Reconditioned Hill-Rom Hospital Beds
8. Hill-Rom Holdings, Inc. Invites You to Join Its Fiscal 2009 First Quarter Earnings Webcast
9. Hill-Rom Reports First Quarter Revenue of $350 Million and Announces Further Actions to Address Challenging Economic Environment
10. JCR, Hill-Rom Launch Nurse Safety Scholar-in-Residence Program
11. Hill-Rom Announces First Quarter 2009 Dividend
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/31/2014)... kind, Rice University researchers have mapped how information flows ... become metastatic. The research reveals a common pattern in ... and form new tumors. Researchers say the commonality may ... the genetic switches that cancer must flip to form ... two of the main players in cancer metastasis. , ...
(Date:10/31/2014)... Colorado (PRWEB) October 31, 2014 Daily Gossip ... method is actually described as the fastest fat loss program ... in less than a month. , There is no wonder ... loss eBook of all time. The new nutrition and workout ... nutrition and fitness expert. , According to the author ...
(Date:10/31/2014)... 2014 With all the preparations families ... feels they may overlook one critical area – the ... concentration, school performance and even behavior. Typical children’s vision ... identify progressive vision problems, and to address this challenge, ... new initiative: The Awesome Eyes Student Vision Program. ...
(Date:10/31/2014)... may make it hard for you to remember simple things, ... house keys, a small study suggests. Tests on 18 ... called spatial memory -- was impaired when sleep apnea disrupted ... sleep weren,t affected. REM sleep is the deepest level of ... the first time that sleep apnea, an increasingly common medical ...
(Date:10/31/2014)... four older Americans say that either they or a ... according to the latest issue of The Gerontological Society ... ( PP&AR ), which goes on to show that ... to honor patients, end-of-life health care wishes. , This ... and Options ," features 12 articles that present new ...
Breaking Medicine News(10 mins):Health News:Decoding the emergence of metastatic cancer stem cells 2Health News:Decoding the emergence of metastatic cancer stem cells 3Health News:Xtreme Fat Loss Diet Review Reveals How to Transform Your Body in 25 Days 2Health News:New School Vision Initiative Announced by Dr. Rosenak’s Optical Options; Program Aims to Help Recognize Unseen Vision Problems That Impact School Success 2Health News:New School Vision Initiative Announced by Dr. Rosenak’s Optical Options; Program Aims to Help Recognize Unseen Vision Problems That Impact School Success 3Health News:Sleep Apnea May Steal Some of Your Memory: Study 2Health News:Advance directives can benefit patients, families, and health care system 2
... The nation,s theater owners were asked today by the head of a major Hollywood studio to have healthier snacks at their concession stands in addition to their ... ... ... ...
... eight times more likely to die, study finds , MONDAY, March ... hip are five to eight times more likely to die in ... Belgian researchers has found. , And, while the death rate after ... the break, it never returns to the death rate seen in ...
... of Medicine (BUSM) believe teaching the subject of unhealthy ... training and can be done within existing teaching venues. ... Medical Education , represent a national model for addressing ... use can be serious and chronic and despite its ...
... March 15 The HIMSS Electronic Health ... on two major regulations that implement healthcare IT incentive ... 2009 (ARRA).  One comment addressed the Office of the ... (IFR) on EHR certification criteria and standards.  The other ...
... mouse study suggests , MONDAY, March 15 (HealthDay News) ... a major role in regulating blood pressure, but a ... could also be key, at least after menopause begins. ... to have female chromosomes (XX) and females to have ...
... Mouse study suggests treatment aimed at immune system could work ... cells may one day be a viable treatment for people ... published online in the March 15-19 early edition of the ... its idea from the field of organ transplantation, where multipotent ...
Cached Medicine News:Health News:Movie Theaters Asked to Offer Healthier Snacks at Concession Stands 2Health News:Movie Theaters Asked to Offer Healthier Snacks at Concession Stands 3Health News:Movie Theaters Asked to Offer Healthier Snacks at Concession Stands 4Health News:Movie Theaters Asked to Offer Healthier Snacks at Concession Stands 5Health News:Movie Theaters Asked to Offer Healthier Snacks at Concession Stands 6Health News:Risk of Death Persists After a Hip Fracture 2Health News:Risk of Death Persists After a Hip Fracture 3Health News:Researchers recommend curriculum on unhealthy substance use 2Health News:HIMSS Electronic Health Record Association Responds to Proposed Meaningful Use and Certification Rules 2Health News:HIMSS Electronic Health Record Association Responds to Proposed Meaningful Use and Certification Rules 3Health News:HIMSS Electronic Health Record Association Responds to Proposed Meaningful Use and Certification Rules 4Health News:HIMSS Electronic Health Record Association Responds to Proposed Meaningful Use and Certification Rules 5Health News:Women's Chromosomes May Affect Blood Pressure 2Health News:Stem Cells Might One Day Treat Severe Asthma 2
(Date:10/30/2014)... , Oct. 30, 2014 /CNW/ - Atlantic Canadians ... agreement reached between Canada,s provinces ... Keon , President of the Canadian Generic Pharmaceutical Association ... the comments while speaking at the Atlantic Summit on ... , which is being hosted by the Public ...
(Date:10/30/2014)... Stryker Orthopaedics, the Official Joint Replacement Products ... out its debut year of the relationship at the ... This marks the eleventh tournament stop along ... brand has activated on-site with the "Stryker Mobility Zone" ... the importance of joint health.  The ...
(Date:10/30/2014)... , Oct. 30, 2014 WuXi PharmaTech (Cayman) ... R&D capability and technology platform company serving the pharmaceutical, ... China and the United ... representative office in the Tel Aviv ... office will promote WuXi,s broad platform of integrated R&D ...
Breaking Medicine Technology:Atlantic Canadians to Save $560-Million Through Unprecedented Three-Year Pan-Canadian Agreement on Generic Prescription Medicines 2Atlantic Canadians to Save $560-Million Through Unprecedented Three-Year Pan-Canadian Agreement on Generic Prescription Medicines 3Stryker Mobility Zone Makes Final Stop Of 2014 At Charles Schwab Cup Championship 2Stryker Mobility Zone Makes Final Stop Of 2014 At Charles Schwab Cup Championship 3Stryker Mobility Zone Makes Final Stop Of 2014 At Charles Schwab Cup Championship 4WuXi AppTec Launches Representative Office in Israel, Forms Strategic Collaboration with Pontifax 2
... To address the need for more efficient and cost-effective ... needs, Ethicon Endo-Surgery (EES), a global leader in surgical ... solutions and innovative technologies during the American Society for ... the Gaylord Hotel and Convention Center in Orlando, Florida, ...
... 2011 Vertex Pharmaceuticals Inc. announced a plan to provide VX-770, ... who are in critical medical need and may benefit from treatment ... and Drug Administration (FDA). Pending FDA review and ... the United States as early as July. "We ...
Cached Medicine Technology:Ethicon Endo-Surgery to Showcase Broadest Spectrum of Innovative Bariatric Surgical Options, Physician Best Practices and Mobile/Web-Based After-Care Patient Programs at ASMBS 2Ethicon Endo-Surgery to Showcase Broadest Spectrum of Innovative Bariatric Surgical Options, Physician Best Practices and Mobile/Web-Based After-Care Patient Programs at ASMBS 3Ethicon Endo-Surgery to Showcase Broadest Spectrum of Innovative Bariatric Surgical Options, Physician Best Practices and Mobile/Web-Based After-Care Patient Programs at ASMBS 4Ethicon Endo-Surgery to Showcase Broadest Spectrum of Innovative Bariatric Surgical Options, Physician Best Practices and Mobile/Web-Based After-Care Patient Programs at ASMBS 5Ethicon Endo-Surgery to Showcase Broadest Spectrum of Innovative Bariatric Surgical Options, Physician Best Practices and Mobile/Web-Based After-Care Patient Programs at ASMBS 6Vertex Plans to Provide Access to Potential CF Therapy VX-770 for Patients with Critical Medical Need 2
... the solid, tested XiIIIPlus platform, the ... an unprecedented level of on-demand printing ... as unique features such as XML ... automatic calibration, flexible inlay positioning, multiple ...
... Built on the solid, tested ... offers an unprecedented level of on-demand ... well as unique features such as ... systems, automatic calibration, flexible inlay positioning, ...
... is ideal for applications that ... labels, such as tracking printed ... and identifying small products. The ... ensures text, graphics and bar ...
... The 105SL is the ... S Series™, and its also ... and processing capacity with rugged ... on a proven platform, the ...
Medicine Products: