Navigation Links
Bacterin International Announces Second Quarter and Six Months 2012 Financial Results
Date:8/9/2012

resent over $43 billion in annual purchasing power.
  • Hospital accounts in the 2Q of 2012 increased to 768 facilities, compared to 756 facilities in 1Q 2012.

    • Management Commentary"We have already achieved 45% of the low end of our annual revenue guidance in the first half of this year," said Guy Cook, CEO of Bacterin. "With our backorder behind us, inventory levels up and planned clean room expansion for 3Q, we expect continuing increased revenues in the second half of 2012 enabling us to achieve our stated 2012 annual revenue guidance. Gross margin of 72% was within our previous guidance and operating expenses decreased from the 1Q of 2012 enabling us to report positive EBITDA for the quarter, and a 54% reduction in EBTIDA loss for the first half of 2012 compared to the prior periods.

    "We expect uptake in the wound care market for hMatrix to accelerate next year with the expected issuance of a Q code by January 1, 2013. In the interim, we are gaining traction with our shifted manufacturing and marketing focus, beginning in the second quarter, for hMatrix to address additional markets in sports medicine and reconstructive surgery.

    "OsteoSelect DBM putty is gaining sales momentum, leveraging recent animal data equivalency to autologous bone graft, the current gold standard for spinal fusion.

    "Data for our coatings remains on track for the second half of this year, as well as independent data on OsteoSponge SC."

    2Q 2012 Financial ResultsRevenue for the quarter was $8.2 million compared to $7.8 million in the previous quarter and an increase of 9.3% compared to $7.5 million in the second quarter of 2011. The year over year increase was largely the result of increased sales generated from the Company's direct sales force and independent distributors compared to the second quarter of 2011.

    Costs of tissue sales consist primarily of tissue and medical device manufacturing costs. Costs of sales increase
    '/>"/>

    SOURCE Bacterin International Holdings, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    0

    GOOD

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

    Related medicine technology :

    1. Bacterin Announces First Quarter 2012 Revenue of $7.8 Million, Up 29% Year-over-Year, on Gross Margins of 76%, and 34% Reduction in Operating Loss
    2. Bacterin International Signs Its Third National GPO Contract with Novation
    3. Bacterin International Signs Its Fourth National GPO Contract with the Premier healthcare alliance
    4. Bacterin International Holdings, Inc. Schedules Second Quarter 2012 Financial Earnings Conference Call
    5. Pharmaceutical Industry Service Company Awarded The UKs Most Prestigious Business Accolade in Recognition of Outstanding Achievement in International Trade
    6. Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing in Chelsea Therapeutics International, Ltd. to Contact the Firm
    7. Latest Findings in Breastfeeding Science Presented at Medelas 7th International Breastfeeding and Lactation Symposium
    8. SurgLine International, Inc. Launches A Wholly Owned Operating Subsidiary To Pursue Cost Containment Strategies
    9. International Drug & Explosives Detection Company IDenta Corp. Releases Information to OTC markets.
    10. Chindex International, Inc. to Report First Quarter 2012 Financial Results
    11. VWR International, LLC Signs Agreement to Acquire basan Germany GmbH
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/20/2013)... 2013   National Community Pharmacists Association (NCPA) ... MBA issued the following statement today regarding a ... D "preferred pharmacy" drug plans , which often ... lowest advertised co-payments: (Logo:  http://photos.prnewswire.com/prnh/20100106/DC33253LOGO ) ... MedPAC , 16 U.S. Senators and ...
    (Date:5/20/2013)... 20, 2013  Hill-Rom Holdings, Inc. (NYSE: ... presentation at the 38 th Annual Deutsche Bank ... on May 30, 2013, at 1:30 p.m. EDT. ... are invited to listen to the live discussion via ... it directly at http://www.media-server.com/m/p/f7bj3q84 . A recorded replay ...
    (Date:5/20/2013)... May 20, 2013 Sequent Medical, Inc. announced ... SL ("Single Layer") family of WEB ® Aneurysm ... these new models in select neurovascular centers in Europe.  ... navigability that will enable physicians to treat a broader ... The SL configurations are made possible by further advancement ...
    Breaking Medicine Technology:Poll: Over One Million Seniors Have Problems with Medicare 'Preferred Pharmacy' Drug Plans 2Poll: Over One Million Seniors Have Problems with Medicare 'Preferred Pharmacy' Drug Plans 3Poll: Over One Million Seniors Have Problems with Medicare 'Preferred Pharmacy' Drug Plans 4Sequent Medical, Inc. Launches New SL Family of WEB Aneurysm Embolization Devices 2
    ... , , , , PORTSMOUTH, Va., Dec. ... away over $6,000,000 worth of its new LifeGuard30(TM) medical ... afford to buy them as well as to charitable and non-profit ... stores and displays vital patient information at the scene of a ...
    ... , , , , , , SEATTLE, Dec. ... today that on December 24, 2009, CTI,s Board of Directors (the ... "Rights Plan") in which one preferred stock purchase right will be ... business on January 7, 2010. Initially, the rights are not exercisable, ...
    Cached Medicine Technology:ViVre Medical Announces $6,000,000 Gift 2ViVre Medical Announces $6,000,000 Gift 3Cell Therapeutics, Inc. Adopts Shareholder Rights Plan 2Cell Therapeutics, Inc. Adopts Shareholder Rights Plan 3Cell Therapeutics, Inc. Adopts Shareholder Rights Plan 4
    (Date:5/20/2013)... 20, 2013 Fastcare Miami Beach clinic ... (UTI) within its first symptoms, as if not treated, it ... more serious infection. Although a urinary tract infection in itself ... to serious kidney infection called pyelonephritis. Women seem to have ... up to the same percentage as women after the age ...
    (Date:5/20/2013)... In order to prepare for the long ... from DrSmartphoneMD launched an article series to raise awareness about ... series launched with the precautions that need to be ... program are not one of the 3.5 million cases of ... 90% of all skin cancer cases are associated with exposure ...
    (Date:5/20/2013)... May 20, 2013 Eben ... to the public creating a frenzy among business ... this elite business training. WealthSpringMarketing.com's Tiffany Hendricks has ... as an exclusive bonus. , "Eben Pagan is ... business training to individuals serious about success," reports ...
    (Date:5/20/2013)... 20, 2013 Parker Waichman LLP, a ... victims injured by defective drugs, has filed a lawsuit ... that use of the diabetes drug medication Actos ... on April 30, 2013, in the U.S. District Court ... where it is one of thousands of cases pending ...
    (Date:5/20/2013)... 2013 Leading facial plastic surgeon and ENT ... a “Top Doc” in the field of Otolaryngology in the ... The Palm Beacher magazine, one of Palm Beach County’s leading ... the May/June 2013 issue, including 70 of the very best ... events, things to do, health and fitness, people to watch, ...
    Breaking Medicine News(10 mins):Health News:Fastcare Advises on How to Prevent a UTI 2Health News:Combat Skin Cancer In Summer Months 2Health News:Eben Pagan's Accelerate: Review and Bonus Released By WealthSpringMarketing.com 2Health News:Taking Actos for Two Years Caused Bladder Cancer, Alleges Lawsuit Filed by Parker Waichman LLP on Behalf of South Dakota Man 2Health News:Dr. Schwartz Named “Top Doc” by The Palm Beacher Magazine 2
    ... working with an international team of health and ... to provide long-term weather forecasts to medical officials ... The forecasts will enable local health providers to ... disease, which is correlated with dry and dusty ...
    ... 19 Medipacs, Inc., a Tucson based drug,delivery device company ... Invest Southwest Capital Conference to be held in Scottsdale,AZ on ... One of only 12 companies to present at ... of high-tech fields. "Generally,speaking, (the businesses) have to be highly ...
    ... consumers filed a proposed,nationwide class-action lawsuit earlier this week ... BAY), alleging the pharmaceutical giant,skirted FDA requirements in marketing ... (Logo: http://www.newscom.com/cgi-bin/prnh/20080317/AQM144LOGO ) , ... markets two of its over-the-counter products --,Bayer Aspirin with ...
    ... A. Hoke,has joined the Sisters of Charity Health System ... for the Cleveland-,based organization and its 20 health and ... announcement was made by Sisters of Charity Health System,President ... "We are pleased to ...
    ... Nov. 19 Healthcare Management Systems,Inc.(R) (HMS) presented the 4th Annual ... the healthcare field. The awards were,presented Friday, October 17, during the ... Awards were presented to the following nominees: , ... Respiratory Care Center, Inc., Mt.,Vernon, Ky. , ...
    ... 19 Have you ever asked yourself, "What in the world ... safe to give your puppy a leftover turkey drumstick - or ... , , To address these and ... (AVMA) today launched a new podcast series, "Chew on This," dedicated ...
    Cached Medicine News:Health News:UCAR weather forecasts aim to reduce African meningitis epidemics 2Health News:UCAR weather forecasts aim to reduce African meningitis epidemics 3Health News:Medipacs Chosen to Present at Invest Southwest Capital Conference 2Health News:Hagens Berman Files Class Action Against Bayer Healthcare Over Misleading Marketing Campaign 2Health News:Hagens Berman Files Class Action Against Bayer Healthcare Over Misleading Marketing Campaign 3Health News:Wendy Hoke Joins the Sisters of Charity Health System as Communications Officer 2Health News:Wendy Hoke Joins the Sisters of Charity Health System as Communications Officer 3Health News:HMS Presents 4th Annual Heroes of Healthcare Awards 2Health News:HMS Presents 4th Annual Heroes of Healthcare Awards 3Health News:AVMA Launches 'Chew on This' Podcast Series on Food Safety 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 ...
    ... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
    ... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
    ... 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 ...
    Medicine Products: