Navigation Links
Hillenbrand Reports 2.4% Decline in Earnings Per Share on 3.8% Lower Revenues in Third Quarter 2009
Date:8/12/2009

BATESVILLE, Ind., Aug. 12 /PRNewswire-FirstCall/ -- Hillenbrand, Inc. (NYSE: HI) -- Hillenbrand, Inc. reported net revenues of $158.7 million for the third quarter of 2009, which ended June 30, 2009, a $6.3 million (3.8 percent) decline from the same period in fiscal 2008. The company posted net income of $25.4 million, a $1.3 million (4.9 percent) decline. The difference in as-adjusted net income for the quarter was negligible, reflecting minimal spending for separation costs and antitrust litigation. Earnings per diluted share decreased by $0.01 (2.4 percent) over the prior year period, from $0.42 to $0.41.

"Burial demand is typically diminished in the third and fourth quarters as a result of the seasonal effect of death trends. This year has been a bit unusual as there was a minimal instance of influenza and pneumonia, resulting in fewer North American burials," said Kenneth A. Camp, president and chief executive officer of Hillenbrand, Inc. "Additionally, the severity of the recession and uncertainty around improvements in the economy appear to have caused some consumers to be more cost-conscious as they make funeral purchase decisions."

Decreases in the cost of diesel fuel and some raw materials were important factors in the company's gross margin improvement from 40.2 percent to 41.6 percent (140 basis points), compared to the third quarter of fiscal 2008. Operating expenses also improved from $28.4 million to $27.3 million (3.9 percent). Investment income of $1.9 million was down $2.5 million (56.8 percent), primarily because of a $1.2 million decrease in the fair value of the investment portfolios of the limited partnerships held by the company.

Cash flow from operations remained strong at $33.3 million in the third quarter. Excluding a voluntary contr
'/>"/>

SOURCE Hillenbrand, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Hillenbrand Announces Third-Quarter Earnings Release Date and Conference Call
2. Hillenbrand Expects to Report Second-Quarter Net Revenue of $170.8 Million and Revises 2009 Guidance
3. Hillenbrand Board of Directors Appoints Joe Loughrey as New Director
4. Hillenbrand Announces Dividend of $0.185 Per Share
5. Hillenbrand, Inc. Announces Corrected First-Quarter Earnings Release and Conference Call Date
6. Hillenbrand, Inc. Announces First-Quarter Earnings Release Date and Conference Call
7. Hillenbrand, Inc. Appoints Jan Santerre Vice President of Lean Business
8. Hillenbrand, Inc. Increases Quarterly Dividend to $0.185 Per Share
9. Hillenbrand, Inc. Reports Fourth-Quarter Revenue of $159 Million and Earnings Per Share of $0.31
10. Hillenbrand, Inc. Announces Fourth-Quarter Earnings Release Date and Conference Call
11. Hillenbrand, Inc. Announces Analyst/Investor Conference in New York Dec. 3
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/17/2014)... (PRWEB) December 17, 2014 Now in ... celebrate the best of the best in senior living ... is only given to communities and agencies that have ... SeniorAdvisor.com site. Of the nearly 100,000 providers currently listed ... Winners of the SeniorAdvisor.com Best of 2015 Awards are ...
(Date:12/17/2014)... parents should leave prenatal picture-taking to medical professionals, the ... ultrasound imaging and heartbeat monitors to get "keepsake" images ... "Although there is a lack of evidence ... monitors, prudent use of these devices by trained health ... engineer, said in an agency news release. "Ultrasound ...
(Date:12/17/2014)... HealthDay Reporter , TUESDAY, Dec. 16, 2014 (HealthDay ... health, but a growing body of evidence shows the ancient ... In fact, the benefits were similar to those of ... Chu, a doctoral candidate at Harvard University,s Health Policy Program ... that people randomly assigned to take yoga classes saw improvements ...
(Date:12/15/2014)... NV (PRWEB) December 15, 2014 Veretekk.com, ... company, JM Ocean Avenue. JM Ocean Avenue has ... the Veretekk online automated marketing system. JM Ocean ... June 2014 merger of Ocean Avenue and JM International, ... than $2 Billion per year company. , “After nearly ...
(Date:12/15/2014)... MD (PRWEB) December 15, 2014 ... services today released “ Social Media Cheat Sheets ,” ... a community that drives results on the top ten ... marketing program. It helps drive awareness, engagement, and customer ... For marketers to make an impact on new networks ...
Breaking Medicine News(10 mins):Health News:The Inn at Willow Falls - Crest Hill, IL Wins 2015 Best of Assisted Living Award from SeniorAdvisor.com 2Health News:The Inn at Willow Falls - Crest Hill, IL Wins 2015 Best of Assisted Living Award from SeniorAdvisor.com 3Health News:FDA Warns Against Fetal 'Keepsake' Videos 2Health News:Yoga May Cut Heart Disease Risk Factors 2Health News:Yoga May Cut Heart Disease Risk Factors 3Health News:JM Ocean Avenue secures the strategic advantages of Veretekk 2Health News:JM Ocean Avenue secures the strategic advantages of Veretekk 3Health News:JM Ocean Avenue secures the strategic advantages of Veretekk 4Health News:OutMarket Releases Cheat Sheets for Social Media Marketing 2Health News:OutMarket Releases Cheat Sheets for Social Media Marketing 3
... , RIVERWOODS, Ill., ... has updated three of its Special Tax Briefings on the ... a Wolters Kluwer business and a leading provider of tax, accounting and ... coverage visit CCH Tax Legislation Coverage , or: , for ...
... , PHILADELPHIA, Dec. 22 ... announced today that it has achieved CAQH® Committee on Operating ... certification for its InstaMed Platform and Network product. ... product achieved CORE Phase I certification in June of this ...
... , SHENZHEN, China, ... http://www.htdsmedical.com ) would like to announce that it has an ... a large modern herbal medicine company in China. The buyer, ... herbs, herbal extracts and herbal preparations. Name of the buyer ...
... may be due to other factors , TUESDAY, Dec. ... protein that indicates tissue inflammation in the body to future ... , But the association may be the result of other ... than the protein itself, researchers said. , The molecule, known ...
... slightly fewer behavioral issues among children whose moms took ... The children of women who take low-dose aspirin during ... prematurely might have fewer behavioral problems at age 5, ... to pregnant women who are apt to have such ...
... Central Florida have found a protein that could hold the ... brain tumors in adults. Glioblastoma multiforme (GBM), the type ... Edward Kennedy, is difficult to treat because it spreads cancerous ... 10,000 cases are diagnosed in the United States each year. ...
Cached Medicine News:Health News:CCH Updates Briefings on Tax Provisions of Estate Tax, Tax Extender, Health Care Reform Bills 2Health News:InstaMed Achieves Core Phase II Certification to Streamline Provider Access to Consistent Electronic Eligibility and Claim Status 2Health News:InstaMed Achieves Core Phase II Certification to Streamline Provider Access to Consistent Electronic Eligibility and Claim Status 3Health News:Hard to treat Diseases (HTDS) To Sell Its MindUp BioResearch Division 2Health News:Hard to treat Diseases (HTDS) To Sell Its MindUp BioResearch Division 3Health News:Hard to treat Diseases (HTDS) To Sell Its MindUp BioResearch Division 4Health News:Aspirin During Pregnancy May Help Preemies 2Health News:Aspirin During Pregnancy May Help Preemies 3
(Date:12/15/2014)... , Dec. 15, 2014 As medical ... (Structured Product Labeling) markup language standard, content teams have ... and skills to work with the standard. Starting January ... of three webinars on the benefits and the critical ... webinars will be facilitated by Howard Shatz , ...
(Date:12/15/2014)... and BOSTON , December ... leading GPCR structure-guided drug discovery and development company, is ... in the United States relating ... these patents in the US significantly strengthens the global ... major pharmaceutical markets. The suite of patents ...
(Date:12/13/2014)... CHICAGO , Dec. 12, 2014  Radiologists ... access to images, to their referring physicians, electronic ... effectively using carefully selected technology.  ... Advanced Data Systems Corporation (ADS) at the recent ... Chicago.  The transmitting of radiology reports in this ...
Breaking Medicine Technology:Data Conversion Laboratory Helping Life Sciences Content Producers Understand the Impact and Benefits of Structured Product Labeling 2Data Conversion Laboratory Helping Life Sciences Content Producers Understand the Impact and Benefits of Structured Product Labeling 3Heptares Extends Global Patent Protection for GPCR-Focused Drug Discovery Platform With Grant of Core Patents in the United States 2Advanced Data Systems Presents on Interface-Free EHR Communications at RSNA's 2014 Conference: Streamlining Communication of Reports and Images to Referring Physicians 2Advanced Data Systems Presents on Interface-Free EHR Communications at RSNA's 2014 Conference: Streamlining Communication of Reports and Images to Referring Physicians 3
... Mass., Nov. 12, 2010 Royal Philips Electronics (NYSE: ... Lin, Ph.D., research fellow at the Cerebral Vascular Disease ... School of Medicine, has been selected as the recipient ... Award. The $100,000 grant, which is funded ...
... Nov. 12, 2010 EntreMed, Inc. (Nasdaq: ... therapeutics for the treatment of cancer, today reported ... September 30, 2010. (Logo: http://photos.prnewswire.com/prnh/20010620/ENMDLOGO) ... a net loss for the third quarter of ...
Cached Medicine Technology:Philips and American Heart Association Present Fourth Annual Resuscitation Fellowship Award 2EntreMed Reports Third Quarter 2010 Financial Results 2EntreMed Reports Third Quarter 2010 Financial Results 3EntreMed Reports Third Quarter 2010 Financial Results 4
Visionary OFFICE™ PM offers a Windows interface featuring medical billing, appointment scheduling and patient information....
... The OmniMD Medical Billing system allows ... and accounting. It is integrated with ... capture. The system interfaces with electronic ... tracking. With a set of reports, ...
... Amylase CPNG3 single liquid stable reagent ... of single liquid stability to help ... and provide quick result turnaround time. ... Amylase CPNG3 reagent provides a long ...
... single liquid stable reagent offers the ... liquid stability to help maximize laboratory ... quick result turnaround time. The proprietary ... reagent provides a long shelf life ...
Medicine Products: