Navigation Links
Volcano Reports 40 Percent Growth in Quarterly Revenues
Date:11/5/2008

Growth Driven by 78 Percent Increase in IVUS System Sales

SAN DIEGO, Calif., Nov. 5 /PRNewswire-FirstCall/ -- Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing and sales of products for the diagnosis and treatment of coronary and peripheral artery disease, today reported that revenues for the third quarter of 2008 increased 40 percent over those in the third quarter of 2007.

For the quarter ended September 30, 2008, Volcano reported revenues of $44.1 million versus revenues of $31.5 million in the same period a year ago. The company said that its financial performance was driven by a 78 percent increase in intravascular ultrasound (IVUS) system revenues and a 29 percent increase in IVUS disposable revenues year-over-year.

For the third quarter of 2008, the company reported net income on a GAAP basis of $744,000, or $0.01 per diluted share, versus a net loss on a GAAP basis of $652,000 or $0.02 per share, in the third quarter of 2007. Weighted average shares at the end of the quarter were 50.3 million versus 38.7 million a year ago, reflecting the impact of the company's equity offering that was completed in the fourth quarter of 2007.

Excluding stock-based compensation expense of $2.5 million, the company reported net income of $3.3 million, or $0.06 per diluted share. In the third quarter of 2007, excluding stock-based compensation expense of $2.0 million, the company reported net income of $1.3 million, or $0.03 per diluted share. A reconciliation of the company's GAAP and non-GAAP results can be found in today's earnings news release on the company's website at http://www.volcanocorp.com.

For the first nine months
'/>"/>

SOURCE Volcano Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Related medicine news :

1. Volcano Corporation Announces Proposed Public Offering of Common Stock
2. Volcano Corporation Reports Preliminary Third Quarter 2007 Revenues
3. Volcano Reports Record Third Quarter Revenues
4. Volcano Corporation Presentation at Piper Jaffray Conference to be Webcast
5. Volcano Corporation Selects Xactly to Drive Strategic Sales Performance Management
6. Volcano Reports 35 Percent Increase in Quarterly Revenues; IVUS Disposable Revenues Increase 46 Percent
7. Chilean volcano captured blasting ash
8. Volcano Corporation Presentation at JMP Conference to be Webcast
9. Volcano Presentation at Canaccord Adams Conference to be Webcast
10. Volcano Corporation Announces the Relocation of Corporate Headquarters to San Diego
11. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... Improv performers from Fun House Theatre ... at Silverado Turtle Creek memory care community in Dallas. ... ranging from ages 10 to 16, delivers a groundbreaking ... set. The troupe's philosophy is that improv is based ... to touch audiences regardless of their circumstance — including ...
(Date:8/21/2014)... Grove, California (PRWEB) August 21, 2014 ... the initial plans for entertainment and programming for its ... Event.” On Sunday, October 12, 2014, from 11 a.m. ... be closed to all cars and the downtown will ... and activities, curated by Community Arts Resources (CARS), for ...
(Date:8/21/2014)... -- Among seniors, dimming vision may be tied to ... than 2,500 people, aged 65 to 84, who were assessed ... and eight years later. Vision loss over time was ... during the study period, the researchers reported. Although the ... Christ of Purdue University in West Lafayette, Ind., offered up ...
(Date:8/21/2014)... Rockville, MD (PRWEB) August 21, 2014 ... Pediatrics reported a 63% increase in disability associated with ... along with a more than 15% increase in disability ... of early intervention for rising numbers of children who ... Speech-Language-Hearing Association (ASHA). , On a broader ...
(Date:8/21/2014)... Researchers in the United Kingdom have demonstrated that advanced ... diagnose a number of rare diseases marked by childhood ... today in Ophthalmology , the journal of the ... doctors were able to tailor care specifically to a ... and money spent on diagnosis and enabling earlier treatment ...
Breaking Medicine News(10 mins):Health News:Unicorn Clearance Improv Troupe Brings Laughter to Residents with Dementia at Silverado Memory Care 2Health News:"Re:Imagine Garden Grove - A Downtown Open Streets Event" 2Health News:"Re:Imagine Garden Grove - A Downtown Open Streets Event" 3Health News:"Re:Imagine Garden Grove - A Downtown Open Streets Event" 4Health News:Failing Vision Tied to Shorter Lifespans for Seniors 2Health News:New Pediatrics Study Reveals Dramatic Increase in Speech Problems in Children Over Past Decade 2Health News:New Pediatrics Study Reveals Dramatic Increase in Speech Problems in Children Over Past Decade 3Health News:New DNA test for diagnosing diseases linked to childhood blindness 2
... Organization (WHO) estimates that 20.1 million individuals were infected ... across 9 world regions in 2005. According to findings ... a journal published by Wiley-Blackwell on behalf of the ... were 3.4 million symptomatic cases, 70,000 deaths, and 3,000 ...
... lives can greatly affect his or her risk for asthma. ... neighborhood differences in rates of childhood asthma may be explained ... heating oil. Results appear online in the Journal of ... City, where the study was conducted, asthma among school-age children ...
... of autism spectrum disorder (ASD) has been steadily climbing from ... 1,000 children in 2006, according to the Centers for Disease ... research with young kids can lead to important insights in ... in the Journal of Visualized Experiments , researchers demonstrate ...
... HealthDay Reporter , MONDAY, March 26 (HealthDay News) ... antibody" lowered LDL cholesterol levels in patients with high ... new treatment could help lower levels of "bad" cholesterol ... to the commonly prescribed cholesterol-lowering drugs known as statins. ...
... Mary, University of London has uncovered the mechanism which causes ... fight against one of the UK,s biggest killers*. The ... today (26 March), investigated the role of the notorious cancer ... Mary, University of London, said the team found that the ...
... left hand would shake when he tried to use it, making ... a check, or making a sandwich challenging. The tremor eventually became ... sought care and learned that his tremor was a symptom of ... "I was familiar with Parkinson,s because my father had it ...
Cached Medicine News:Health News:Over 20 million individuals infected with hepatitis E in Asia and Africa 2Health News:Air pollution from trucks and low-quality heating oil may explain childhood asthma hot spots 2Health News:Research into children with autism published in JoVE 2Health News:New Injection Might Lower Tough-to-Treat Cholesterol 2Health News:New Injection Might Lower Tough-to-Treat Cholesterol 3Health News:Research gives hope to detecting cancer in early stages 2Health News:Essential tremor patient regains independence following surgery 2Health News:Essential tremor patient regains independence following surgery 3Health News:Essential tremor patient regains independence following surgery 4
(Date:8/21/2014)... , Aug. 21, 2014 /CNW/ - Eisai Limited is pleased ... of the first-of-its-kind comic book available in Canada ... been designed specifically to educate children and their parents about ... affecting more than 300,000 Canadians. Eisai is guided ... (hhc) , in which the patient is central – there ...
(Date:8/21/2014)... Aug. 21, 2014 /PRNewswire-iReach/ -- Inc. ... for the third straight year, No. 349 in ... exclusive ranking of the nation,s fastest-growing private companies. ... the most important segment of the economy—America,s independent ... Domino,s Pizza, LinkedIn, Zillow, and many other well-known ...
(Date:8/21/2014)... Aug. 21, 2014  Seventy-one percent of Americans believe the ... a serious public health and safety issue in ... survey released today by Repass & Partners, a ... "Americans understand the severity of the prescription medication abuse problem ... this very serious health situation facing our country," Rex ...
Breaking Medicine Technology:Eisai Pleased to Support Canadian Epilepsy Alliance Comic Book that Teaches Children About Epilepsy 2Carolina's HME Named for Third Straight Year to Inc. Magazine's List of America's Fastest-Growing Private Companies--the Inc. 5000 2Carolina's HME Named for Third Straight Year to Inc. Magazine's List of America's Fastest-Growing Private Companies--the Inc. 5000 3Consumers Desperate For Measures To Curb Prescription Drug Abuse 2Consumers Desperate For Measures To Curb Prescription Drug Abuse 3
... thinking about cosmetic surgery, your first stop should be at ...   SculptMyDream.com is the first website to let individuals ... photography.  Not only will this help you "Sculpt YOUR dream", ... that dream into reality. (Photo:   http://photos.prnewswire.com/prnh/20110720/NY38494 ...
... 20, 2011 Landacorp , A Carewise Health ... solutions, today announced that its CareRadius Suite has been ... Coventry Health Care is a diversified national ... plans that serve more than five million members across ...
Cached Medicine Technology:See the Results of Your Breast Augmentation, Before Surgery 2Coventry Health Care Selects Landacorp's CareRadius Suite to Advance Collaborative Care 2
High intensity halogen lamp with built-in, switchable spare. Optical light concentrator to optimize existing light energy....
... AlphaCor is a biocompatible, flexible, one-piece artificial ... or diseased native cornea., ,The World Health ... more than 10 million people worldwide, however ... year. This shortfall is due to a ...
PDA-version of the complete ICD-9 diagnosis codes....
PDA formatted guide containing outlines and detailed information on the diagnosis and treatment of HIV infection and AIDS....
Medicine Products: