Navigation Links
Shamir Optical Industry Ltd. Reports Second Quarter 2009 Results
Date:8/13/2009

et of tax, net income attributable to Shamir's shareholders for the quarter was $4.3 million, or $0.26 per diluted share, compared with net income of $3.2 million, or $0.19 per diluted share for the same period last year.

The reconciliation of GAAP operating income and GAAP net income to non-GAAP operating income and non-GAAP net income is set forth below.

As of June 30, 2009, the Company had cash and cash equivalents, including short-term investments of $27.4 million.

Commenting on the results, Amos Netzer, Chief Executive Officer of Shamir, said, "During the past few years, Shamir has worked diligently, not only to expand our geographic footprint, but also to improve our manufacturing capabilities and solidify and expand our sales and marketing capabilities. The positive effect of these efforts is reflected in our favorable results for the second quarter. In Europe, we generated improved sales and operating results and our operations in the United States continued to perform well."

Mr. Netzer added, "To support our long range goals of expanding our selling and manufacturing capabilities, in July 2009 we increased our ownership in our lab in Thailand from 40.4% to 51%. We are very encouraged with the performance of our investment in Thailand and are pleased to have been able to increase our ownership in the subsidiary."

Mr. Netzer concluded, "In terms of our overall strategy, we continue to maintain a strong balance between investing in long-term growth and monitoring operational expenses, which helped us achieve positive performance thus far this year. However, due to the uncertainty in the global economic landscape and the remaining challenges, our visibility for the second half of 2009 is unclear."

Conference Call:

Shamir has scheduled a conference call for 11:00 a.m. today to discuss second quarter results. To participate
'/>"/>

SOURCE Shamir Optical Industry Ltd.
Copyright©2009 PR Newswire.
All rights reserved

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

Related medicine news :

1. Shamir Optical Industry Ltd. to Host Conference Call Announcing Second Quarter of 2009 Earnings Results
2. Shamir Optical Industry Ltd. Announces Receipt of Notice from Nasdaq of Failure to Satisfy Continued Listing Requirements
3. Shamir Optical Industry Ltd. to Host Conference Call Announcing First Quarter of 2009 Earnings Results
4. Shamir Optical Industry Ltd. Appoints Amos Netzer as New Chief Executive Officer
5. Shamir Optical Industry Ltd. Announces Receipt of Notice from Nasdaq of Noncompliance with Nasdaq Audit Committee Composition Requirements
6. Shamir Optical Industry Ltd. Reports Fourth Quarter and Year-End 2008 Results
7. Shamir Optical Industry Ltd. to Host Conference Call Announcing Fourth Quarter and Year End 2008 Earnings Results
8. Shamir Optical Industry Ltd. Reports Third Quarter 2008 Results
9. Shamir Optical Industry Ltd. to Host Conference Call Announcing Second Quarter 2008 Earnings Results
10. Shamir Optical Industry Purchases Remaining 49% of Altra Trading GmbH
11. Shamir Optical Industry Ltd. Reports First Quarter 2008 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/7/2015)... , ... July 07, 2015 , ... ... provide payment parity for an expanded list of telehealth services available to Medicare ... from Representatives Gregg Harper (R-MS 3), Diane Black (R-TN 6) and Peter Welch ...
(Date:7/7/2015)... ... July 07, 2015 , ... The ... a mark on the cosmetic surgery industry with its commitment, teamwork, and dedication ... VisitandCare.com partnered medical provider is committed to patient safety, world-class results, and compassionate ...
(Date:7/7/2015)... York, NY (PRWEB) , ... July 07, 2015 , ... ... thing that can help pass those long, stressful days at work is knowing that ... aren’t always as laid back and stress free as imagined. Planning for a vacation ...
(Date:7/7/2015)... ... July 07, 2015 , ... The United States Centers for ... of Massachusetts , and the Multicultural AIDS Coalition $3.78 million for a ... have sex with men (MSM) and transgender women, the groups at highest risk ...
(Date:7/7/2015)... ... July 07, 2015 , ... SC&H Group, a leading audit, tax, ... give back to the community through company-wide volunteering efforts. , On an annual basis, ... day to assisting those in need throughout Baltimore and Washington D.C. , ...
Breaking Medicine News(10 mins):Health News:The American Telemedicine Association Supports Legislation to Expand Medicare Coverage for Telemedicine Services 2Health News:Top Plastic Surgery Provider in Brazil Joins VisitandCare.com 2Health News:Top Plastic Surgery Provider in Brazil Joins VisitandCare.com 3Health News:Difass USA Offers Eight Tips to Help Relax and Enjoy Summer Vacation 2Health News:Difass USA Offers Eight Tips to Help Relax and Enjoy Summer Vacation 3Health News:CDC Awards Fenway Health, AIDS Action, Multicultural AIDS Coalition $3.78m For ‘Getting To Zero’ HIV Prevention Partnership 2Health News:CDC Awards Fenway Health, AIDS Action, Multicultural AIDS Coalition $3.78m For ‘Getting To Zero’ HIV Prevention Partnership 3Health News:SC&H Group Celebrates 9th Annual Day of Service 2
... international group of eating disorders say that the ... disorders is like blaming// parents for diabetes or ... statements by fashion model Gisele Bundchen stating that ... and further stigmatize eating disorders. ...
... than a dozen people have taken ill and have been ... ‘false’ and ‘ baseless’ by spokesman Xiong Yuanda of the ... was no infectious ‘unknown’ disease, doing the rounds in the ... the Health bureau has sought to dispel reports carried by ...
... AIDS Healthcare Foundation on Monday is expected to file ... pharmaceutical company Pfizer//. The decision is the outcome for ... Viagra in advertisements, Reuters reports. ,According to ... increased risky sexual behavior, as well as cases of ...
... Kochi: In its efforts to promote Kerala as an ideal destination ... shows in the US, Britain, Dubai, Muscat, Kuwait, Sri Lanka and ... because it has to be systematic and we have asked the ... of the policy and when we announce it shortly we would ...
... in the Sydney CBD is linked to the Royal Automobile ... However, they could not confirm the link. ,Seven ... belonging to the Legionella family, Legionella pneumophilia, have been reported ... the Circular Quay area on New Year's Eve. ...
... University and pediatric specialists at Baylor College of Medicine have ... as passkeys that allows drugs to enter cancer cells. ... of the journal Organic and Biomolecular Chemistry. ,All ... Cell walls, or membranes, form a protective cocoon around the ...
Cached Medicine News:Health News:'Families' - Doesn’t Cause Anorexia Nervos 2Health News:'Families' - Doesn’t Cause Anorexia Nervos 3Health News:AIDS Healthcare Foundation to File Lawsuit Against Pfizer 2Health News:Buckyballs Used as 'Passkey' into Cancer Cells 2
(Date:7/7/2015)... Research and ... of the "Biomedical Photoacoustic Imaging Patent ... This patent landscape focuses on photoacoustic ... safe, non-invasive, non-ionizing imaging technique. The technique ... alternative to traditional medical imaging approaches. The ...
(Date:7/7/2015)... VIEJO, Calif. , July 7, 2015 /PRNewswire/ ... company focused on developing innovative devices for the ... R. Michael Kleine has joined its Board ... over 25 years of medical device and healthcare ... biomedical companies where he has commercialized numerous leading-edge ...
(Date:7/7/2015)... Accelovance, Inc. (Accelovance), a global contract ... General Medicine announced the completion of enrollment and ... Therapeutics, Inc. for the Phase 3 trial of ... SUSTOL® (granisetron injection, extended release) as part of ... receptor antagonist fosaprepitant and IV corticosteroid dexamethasone ...
Breaking Medicine Technology:Worldwide Biomedical Photoacoustic Imaging Patent Landscape Report 2015 2Worldwide Biomedical Photoacoustic Imaging Patent Landscape Report 2015 3Sequent Medical Appoints Mike Kleine to its Board of Directors 2Sequent Medical Appoints Mike Kleine to its Board of Directors 3Accelovance Completes Trial Enrollment and Delivery of Clinical Data for Heron Therapeutics' Phase 3 Trial 2
... , CHAPEL HILL, N.C., Nov. 25 ... chief executive officer, will present at the Piper Jaffray 21st ... 2009, at The New York Palace Hotel in New York ... company,s two leading antibiotic clinical programs for the treatment of ...
... , FRAMINGHAM, Mass. and SYDNEY, Nov. 25 HeartWare International, ... and provider of less invasive, miniaturized circulatory support technologies revolutionizing ... is scheduled to make an investor presentation at the 21st ... on Wednesday, December 2, 2009. The conference is being held ...
Cached Medicine Technology:HeartWare to Present at 21st Annual Piper Jaffray Health Care Conference in New York City 2
The Guidant Fineline II Sterox is a steroid-eluting pacing lead designed for permanent implantation for either atrial or ventricular applications....
Steroid eluting pacemaker leads...
Bipolar semi-floating pacing lead for temporary stimulation of the heart especially in emergency cases of bradycardial arrhythmias or for recording intracardiac ECGs....
Bipolar semi-floating pacing lead for temporary stimulation of the heart especially in emergency cases of bradycardial arrhythmias or for recording intracardiac ECGs....
Medicine Products: