Navigation Links
Symmetry Medical Reports Record First Quarter 2008 Revenue of $101.9 Million
Date:6/24/2008

Increases Full Year Revenue Guidance to a range of $395 Million to $405

Million; Provides Full Year EPS Guidance of $0.75 to $0.77

First Quarter 2008 Highlights:

- Revenue of $101.9 million, up 57.4% over first quarter 2007

- Gross profit of $23.9 million, up 104.4% over first quarter 2007 - Operating income of $9.6 million, up 135.4% over first quarter 2007

WARSAW, Ind., June 24 /PRNewswire-FirstCall/ -- Symmetry Medical Inc. (NYSE: SMA), a leading independent provider of products to the global orthopaedic device industry and other medical markets, announced today first quarter 2008 financial results for the period ended March 29, 2008.

The Company reported first quarter 2008 revenue of $101.9 million, an increase of 57.4% from the $64.7 million reported in the first quarter 2007, and an increase of 26.3% from the $80.7 million reported for the fourth quarter 2007. The Company's first quarter 2008 revenue included $1.8 million from TNCO, Inc., which was acquired in April 2007; $5.9 million from Specialty Surgical Instrumentation Inc., which was acquired in August 2007; and $7.7 million from our New Bedford, Massachusetts manufacturing facility, which was acquired from DePuy Orthopaedics, Inc. in January 2008.

Gross profit for the first quarter 2008 was $23.9 million, a 104.4% increase from gross profit of $11.7 million for the first quarter 2007. Gross margin percentage for the first quarter 2008 was 23.5%, compared to gross margin percentage of 18.1% for the first quarter 2007. Gross margin for the first quarter of 2008 was unfavorably impacted by negative gross margin incurred at the Company's Sheffield, UK operating unit.

Selling, general and administrativ
'/>"/>

SOURCE Symmetry Medical Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8

Related medicine news :

1. Symmetry Medical Completes Acquisition Of Specialty Surgical Instruments
2. Symmetry Medical Launches New Global Web site
3. Symmetry Medical Appoints John Hynes Chief Operating Officer, Europe
4. Symmetry Medical Provides Update of Previously Disclosed Accounting Review at Sheffield, UK Operating Unit
5. Symmetry Medical Completes Acquisition of DePuy Orthopaedic Instrument Facility
6. Symmetry Medical to Provide Fourth Quarter 2007 General Business Update on February 14, 2008
7. Facial asymmetry persists despite surgery to correct congenital deformity
8. Symmetry Medical to Expand Malaysian Operations
9. Symmetry Medical Delays 10-K Filing to Complete Review
10. Symmetry Medical Reports Full Year 2007 Financial Results
11. Symmetry Medical to Report First Quarter 2008 Financial Results on June 24, 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2013)... (PRWEB) May 24, 2013 Sublime ... Cellulite Whisperer line, with a 35% ... Summer Sale" includes two proprietary products, the ... Lotion . , Purchasers receive a report "Getting ... "The Gel has a wonderful grapefruit scent," says ...
(Date:5/23/2013)... FL (PRWEB) May 24, 2013 Internationally ... coaching educators in tennis for over 29 years, ... than 50 ATP & WTA players, Grand Slam winners, ... Italian Open Champions, 25 USTA National Junior Champions, 8 ... Junior Champions, including Sunshine Cup, Orange Bowl and Eddie ...
(Date:5/23/2013)... In his pulse-quickening novel, “The AIDS Covenant” (published by AuthorHouse), ... government?” , In the “The AIDS Covenant,” readers meet Dr. ... ’s Heathrow Airport. His American colleague, Alan Milner of BAYMED ... arrive at his Sierra Nevada ski-lodge. , ... the government’s report. When Alan learns that Owen was killed ...
(Date:5/23/2013)... Vegas Hotel Escapes, the premier Las Vegas ... vacation packages for the upcoming memorial day weekend.. ... this patriotic holiday will be pleased to see ... special pricing available on VegasHotelEscapes.com's website. , VegasHotelEscapes.com ... lowest prices possible on vacation packages to Las ...
(Date:5/23/2013)... If you are one of the estimated ... the food spread this Memorial Day weekend could put ... dogs and ice cream have become cornerstones of the ... sufferers often feel the painful effects of consuming these ... Lourdes Medical Associates. , IBS occurs when the large ...
Breaking Medicine News(10 mins):Health News:Fresh Organics in the New Cellulite Whisperer® Products from Sublime Beauty®; "Get Ready for Summer Sale" Continues 2Health News:Internationally Respected Tennis Coach, Nick Saviano Opens Summer Training Registration 2Health News:New Book “The AIDS Covenant” by Roy Harris Delivers Intriguing, Captivating Story 2Health News:Sensitive Stomach? Lourdes Gastroenterologist Advises IBS Sufferers to Think Twice About What They Eat This Holiday Weekend 2Health News:Sensitive Stomach? Lourdes Gastroenterologist Advises IBS Sufferers to Think Twice About What They Eat This Holiday Weekend 3
... VA Despite being highly effective and beneficial for ... are prescribed proton pump inhibitors (PPIs) for reflux diseases. ... these medications carefully, according to a new commentary published ... Head and Neck Surgery . According to ...
... COLUMBIA, Mo. According to the Institute of Medicine, ... health literacy, a mismatch between patients, abilities to ... complex medical information in an understandable manner. In ... Missouri found that two groups those with ...
... former three-term U.S. Senator and Governor of Connecticut and President ... delivered an address on health reform before The Muslim Coalition ... "If we do nothing to fix the nation,s present ,sick ... suffer needlessly, and die.... The worst thing we can do ...
... with a history of lupus who receive a kidney ... in their new organ, according to a paper being ... Meeting and Scientific Exposition in San Diego, CA. The ... from seeking a kidney transplant if they need one. ...
... mortality rate may be linked to health-care inadequacies , ... are diagnosed with flu less often, have shorter hospital ... than those without dementia, says a U.S. study that ... older. , "The increased mortality of older patients with ...
... YORK, Oct. 30 Alongside with Congresswoman Nydia ... Fuentes; and publisher Rosanna Rosado; Dr. Eliscer Guzman ... Award. The Corazon Award is given by Comunilife, ... work and dedication to the citizens of New ...
Cached Medicine News:Health News:Commentary warns of unexpected consequences of proton pump inhibitor use in reflux disease 2Health News:Health information not communicated well to minority populations, MU researcher finds 2Health News:Health information not communicated well to minority populations, MU researcher finds 3Health News:Former Connecticut Governor Lowell Weicker, Jr. Delivers Address on Health Reform 2Health News:Former Connecticut Governor Lowell Weicker, Jr. Delivers Address on Health Reform 3Health News:Kidney transplants generally safe for lupus patients 2Health News:Flu Deaths Higher Among Seniors With Dementia 2Health News:Dr. Eliscer Guzman From The Mount Sinai Hospital and Mayor Bloomberg Among Comunilife Honorees! 2
(Date:5/24/2013)... BEIJING , May 24, 2013  Sinovac ... leading provider of biopharmaceutical products in ... main operating subsidiary company of Sinovac, obtained the ... (GMP Certificate) from the China State and Food ... district bulk production plants, and its Changping filing ...
(Date:5/23/2013)... 24, 2013 3SBio Inc. (NASDAQ: ... leading China -based biotechnology company ... products, announced today that, at an extraordinary general ... voted in favor of the proposal to authorize ... of merger dated February 8, 2013, among Decade ...
(Date:5/23/2013)... Neurocrine Biosciences, Inc. (Nasdaq: NBIX ) ... and Chief Executive Officer of Neurocrine Biosciences, will be presenting ... Care Conference in Boston.   The live presentation ... Time / 8:20 a.m. Pacific Time.  The presentation will be ... http://www.neurocrine.com . If you are unable ...
Breaking Medicine Technology:Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines 2Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines 33SBio Inc. Announces Shareholders' Approval of the Amended Merger Agreement 23SBio Inc. Announces Shareholders' Approval of the Amended Merger Agreement 3
... 2011 /PRNewswire-iReach/ -- Reagent expiry dates ... compliance concern driving Quality Control departments to employ ... Research proves to be an innovative leader by ... practices this month.  Harness RISCC increases ...
... Dec. 12, 2011 Since 1994, the Huntington Medical ... various specialties, has been providing expert medical care to ... almost every major health plan and is affiliated with ... is the group,s mission to provide a collaborative healthcare ...
Cached Medicine Technology:VerGo Integrates New Solution for Tracking Compliance Dates 2The Huntington Medical Foundation -- Pasadena's Premier Medical Group 2
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: