Navigation Links
InfuSystem Holdings Reports $9.2 Million of Revenue and 45% Increase in Adjusted EBITDA for the First Quarter of 2009
Date:5/5/2009

MADISON HEIGHTS, Mich., May 5 /PRNewswire-FirstCall/ -- InfuSystem Holdings, Inc. (OTC Bulletin Board: INHI; INHIW; INHIU), the leading provider of ambulatory infusion pumps and associated clinical services, today announced financial results and provided a business update for the first quarter ended March 31, 2009.

Mr. Steve Watkins, chief executive officer, commented, "We achieved $9.2 million of revenue during the first quarter of 2009, despite a nationwide shortage of Leucovorin, a compound frequently used in association with ambulatory pump chemotherapy, which has since been resolved. At the same time, we increased gross margins by 560 basis points and continue to gain operating leverage as we held our costs in line. As a result, we generated $2.9 million of adjusted EBITDA, a 45% increase compared to the first quarter of 2008. This contributed to the Company's continued strong operating cash flow and ample cash reserves, allowing us to improve the balance sheet by aggressively paying down debt. Shortly following the first quarter, we made a $5.3 million payment on our term loan, resulting in the Company having lowered its term loan balance by over $6.1 million year-to-date."

Mr. Watkins concluded, "We remain encouraged by the near- and long-term outlook for the ambulatory infusion services market. Drug companies are incorporating continuous infusion as part of their drug treatment regimens and promoting these to oncologists. The American Cancer Society estimated that there were about 148,810 new cases of colorectal cancer in 2008 in the United States. Moreover, the combined benefits to the patient, physician and insurance provider support the expanded use of ambulatory infusion pumps to administer chemotherapy beyond stage III colorectal cancer, including esophageal, head and neck, gastric and other cancers. In order to best capitalize on this market opportunity, we continue to enhance our sales organization, i
'/>"/>

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

Page: 1 2 3 4 5 6 7

Related medicine news :

1. InfuSystem Appoints Bryan Russo as Chief Commercial Officer
2. InfuSystem Pays Down Term Loan by $6.1 Million Year-to-Date
3. InfuSystem Holdings Reports 12.9% Revenue Increase and $3.3 Million of Adjusted EBITDA for the Fourth Quarter of 2008
4. InfuSystem Holdings Provides Business Update and Comments on First Quarter 2008 Financial Results
5. InfuSystem Holdings Appoints Two New Board Members
6. Duane Reade Holdings, Inc. Reports First Quarter 2009 Results
7. HMS Holdings Corp. Announces First Quarter 2009 Financial Results
8. China Pharma Holdings, Inc. Retains Global Investor Communications Team
9. China Pharma Holdings, Inc. Appoints Chief Financial Officer and Board Member
10. JAG Media Holdings, Inc. Announces Update of the Status of its Proposed Acquisition of CardioGenics Inc.
11. Innophos Holdings, Inc. Schedules Call to Discuss First Quarter 2009 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/20/2014)... 20, 2014 Recently, AngelWeddingDress.com has introduced ... ”) for the coming Christmas. In the promotion, all ... off. , “We have something special for the women ... holiday season. Moreover, our new collections of 2015 dresses ... offered now at greatly discounted prices. Visit our website ...
(Date:12/20/2014)... 20, 2014 Parker & Sons, Inc. ... years of experience in contractor services announces reaching a ... for the homeowners of Arizona. Parker and Sons is ... contractor technicians that make customer service the number one ... Arizona and started with one service vehicle and has ...
(Date:12/19/2014)... 2014 Sweetdressy.com , a leading ... its newest selection of cheap prom dresses for ladies ... in the world and clients can buy these dresses ... prom dresses feature cool cuts and delicate craftsmanship, and ... the middle-end market. Discount shipping costs are available for ...
(Date:12/19/2014)... December 19, 2014 Silver Dollar City ... world record -- for the first time ever, Silver Dollar ... book, Guinness World Records 2015, listing the park’s wood coaster ... Coaster. In additional awards announced this week, Silver Dollar City ... Lights in the US,” USA Today’s 10Best awards for “Best ...
(Date:12/19/2014)... dress is perfect for any occasion and is a vital ... has unveiled its new selection of evening dresses. Faddish clients ... Customers can view more at its website. , ... and praised by customers for many years. It focuses on ... order to expand its market share, the company has opened ...
Breaking Medicine News(10 mins):Health News:AngelWeddingDress Has Introduced Its Special Offer For The Coming Christmas 2Health News:Parker & Sons Announces Reaching A Milestone By Providing 40 Years Of Dedicated Contractor Services For Homeowners Of Arizona 2Health News:Parker & Sons Announces Reaching A Milestone By Providing 40 Years Of Dedicated Contractor Services For Homeowners Of Arizona 3Health News:Cheap Prom Dresses Online Now at Sweetdressy.com 2Health News:Silver Dollar City Nets New Titles: Guinness Book of World Records, Plus CNN Travel, USA Today & Fodor’s Top Places for Christmas Lights 2Health News:Attractive Evening Dresses Announced by Discount-Dress.com 2
... precautions, group says , , SATURDAY, Aug. 2 (HealthDay News) ... to cool off during the summer swelter, but don,t ... rules. , According to the U.S. Consumer Product ... swimming-related injuries, including fractures, strains, sprains and contusions. With ...
... infections in 2006,follows nearly two-year delay in releasing data, ... scheduled to be released on Sun., Aug. 3 by ... to increase the estimate of new,HIV infections in 2006 ... one-year revision does not necessarily indicate an ongoing,increase in ...
... Aug. 1 Speaker Nancy Pelosi,Senate Majority Leader ... impacted by unsafe toys joined together at an ... Act. This bill, which now,goes to President Bush ... Safety Commission the resources, authority, and oversight it ...
... and anticipation. It also can be a time of ... 2 diabetes. Pregnancy in women who have diabetes is ... information to help women with diabetes experience safe, healthy ... to Pregnancy is an illustrated, 44-page booklet that includes ...
... Aug. 1 (Pink Sheets:,NHYF) Natural Harmony Foods, ... their SoLean breakfast products will be stocked in ... Harmony Foods,will be shipping to Tree of Life,s ... to Tree,s remaining distribution centers nationwide by,September. The ...
... to Fulfilling, NASHVILLE, Tenn., Aug. 1 Everyone ... notebook paper and tucked in a,drawer or locked in ... Some Day" list.,Many desire travel; others long for family ... Residents at selected Brookdale Senior Living communities nationwide,were ...
Cached Medicine News:Health News:Orthopedic Surgeons Weigh in on Pool Safety 2Health News:New HIV Infection Figures from CDC to be Announced on Aug. 3 Underscore Need for National AIDS Strategy for the U.S. 2Health News:Pelosi Statement on Congress Sending Consumer Product Safety Legislation to President 2Health News:Natural Harmony Foods' Breakfasts to be National in Tree of Life 2Health News:Seniors Gain Experiences of a Lifetime 2
(Date:12/19/2014)... 2014  Newport Corporation (NASDAQ: NEWP ... joined the company,s Board of Directors.  Dr. Kadia ... director of Evans Analytical Group, a leading global ... services to companies in a wide range of ... Analytical Group, Dr. Kadia spent nine years with ...
(Date:12/19/2014)... , Dec. 19, 2014  Advanced Medical ... development company engaged primarily in the development of ... therapeutic applications, today announced that a Life Sciences ... been awarded for which AMIC is the commercialization ... University (WSU) for the proposal titled "Optimized Injectable ...
(Date:12/19/2014)... Ill. , Dec. 19, 2014   Hospira, ... leading provider of injectable drugs and infusion technologies, today ... Morgan 33rd Annual Healthcare Conference on Wednesday, Jan. 14, ... presentation is scheduled to begin at 10:30 a.m. Pacific ... available to all interested parties through a live audiocast ...
Breaking Medicine Technology:Siddhartha Kadia, Ph.D. Joins Board of Directors of Newport Corporation 2Advanced Medical Isotope Corporation Awarded LSDF Grant As Commercialization Partner 2Advanced Medical Isotope Corporation Awarded LSDF Grant As Commercialization Partner 3
... Evaluating Cysteamine in Collaboration with UC San DiegoNOVATO, ... or the "Company") (OTC Bulletin Board: RPTP), today ... Phase 2a open-label clinical trial to evaluate cysteamine ... steatohepatitis ("NASH"). NASH, a progressive form of liver ...
... and Heart Disease: Risk IntertwinedROCHESTER, Minn., Feb. 4 ... Mayo Clinic Women,s HealthSource . You may cite this ... Clinic Women,s HealthSource attribution is required. ... following subscription information as your editorial policies permit: Visit ...
Cached Medicine Technology:Raptor Pharmaceuticals Announces Completion of Patient Enrollment in Phase 2a Clinical Trial in Non-Alcoholic Steatohepatitis (NASH) 2Raptor Pharmaceuticals Announces Completion of Patient Enrollment in Phase 2a Clinical Trial in Non-Alcoholic Steatohepatitis (NASH) 3Raptor Pharmaceuticals Announces Completion of Patient Enrollment in Phase 2a Clinical Trial in Non-Alcoholic Steatohepatitis (NASH) 4Raptor Pharmaceuticals Announces Completion of Patient Enrollment in Phase 2a Clinical Trial in Non-Alcoholic Steatohepatitis (NASH) 5February 2009 Mayo Clinic Women's HealthSource Highlights Diabetes and Heart Disease, Going Vegetarian and Tinnitus 2February 2009 Mayo Clinic Women's HealthSource Highlights Diabetes and Heart Disease, Going Vegetarian and Tinnitus 3February 2009 Mayo Clinic Women's HealthSource Highlights Diabetes and Heart Disease, Going Vegetarian and Tinnitus 4February 2009 Mayo Clinic Women's HealthSource Highlights Diabetes and Heart Disease, Going Vegetarian and Tinnitus 5
... The 5mm AEM Laparoscopic Instruments incorporate ... AEM Instruments are shielded and monitored to ... of the instrument caused by insulation failure ... risk. The protective shield built into all ...
... Wolf offers protection ... exceptional shielding values with ... high optical quality. Lenses ... equivalency and are anti-reflection ...
Wolfs unique apron and vest set distributes weight evenly between shoulders and hips. The vest comes with an attached Thyroid collar - .5mm lead equivalency protection front, 5mm back....
... Wolfs Coat Aprons feature a 2 adjustable belt ... belt helps lift the Apron off your shoulders. ... designed specifically for the female anatomy. ,For additional ... Belts - they reduce pressure on the vertebrae ...
Medicine Products: