Navigation Links
China Sky One Medical Announces Third Quarter 2011 Results
Date:11/9/2011

change in fair value of derivative warrant liability, the Company's non-GAAP adjusted net income was $0.5 million, or $0.03 per diluted share, as compared to $6.8 million, or $0.40 per diluted share, in the prior year period.

Nine Month Operating HighlightsTotal revenues for nine months ended September 30, 2011 decreased 12.5% year-over-year to $92.6 million. The decrease was primarily due to the termination of two major customer relationships (one domestic distributor and one overseas agent) in the third quarter of 2010. Revenues generated from these two customers in the nine months ended September 30, 2010 were approximately $12.9 million or 12.1% of the Company's revenues for that period. Gross margin was about 65.4% compared to 73.3% for the first nine months of 2010. Total R&D expenses were approximately $14.8 million (or 16.0% of sales) for the first nine months of 2011 as compared to $15.3 million (or 14.4% of sales) for the comparable period of 2010. Net income for the first nine months of 2011 was $12.8 million, or $0.75 per diluted share, as compared to net income of $33.4 million, or $1.99 per diluted share, in the same period of 2010.

Financial ConditionAs of September 30, 2011, China Sky One had $21.3 million in cash and equivalents, with a current ratio of 6.3. The Company had working capital of approximately $41.6 million. Stockholders' equity at September 30, 2011, was $183.7 million, 12.0% higher than the $164.0 million recorded as of December 31, 2010.

Accounts receivable turnover days increased to 58.3 for the nine months ended September 30, 2011, as compared to 55.7 in the same period of 2010. Inventory turnover days increased to 50.9 for the first nine months of 2011 from 35.7 in the year ago period. The increase of inventory turnover days was due to higher inventory levels since the beginning of 2011 in order to satisfy the Company's future production needs, as well as to limit the effects of possible future pric
'/>"/>

SOURCE China Sky One Medical, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine technology :

1. China Information Technology, Inc. Announces Third Quarter 2011 Results
2. China Nepstar Chain Drugstore to Report Third Quarter 2011 Financial Results on November 28
3. Perrigo Expands Infant Formula Distribution in China With Brilite Nutritionals (Shanghai) Co., Ltd.
4. Refractive Surgery Devices Market Outlook in BRICS (Brazil, Russia, India, China, South Africa) to 2017
5. China Nuvo Solar Energy, Inc. Announces Third-Party Distribution Agreement With Bluewater Surgical, Inc.
6. Aoxing Pharmaceutical Company Announces Special Funding From Hebei Province in China
7. China Medical Technologies to Announce Results for the Second Fiscal Quarter Ended September 30, 2011 on November 18, 2011
8. Varian Medical Systems to Exhibit the Latest Flat Panel Detectors and PaxPowerâ„¢ X-ray Tubes at the CMEF Tradeshow in Fuzhou, Fuzhou Province, China
9. China Sky One Medical Announces Conference Call to Discuss Third Quarter 2011 Results
10. China Biologic Nominated for the 2011 Scrip Award as Best Company in an Emerging Market
11. China Kanghui Holdings Announces Participation in Upcoming Investor Conferences
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2014)... 2014 MultiCell Technologies, Inc. (OTC Bulletin Board: ... application concerning composition of matter, biological targets, mechanism of ... death.  This patent application describes a ... molecules (VSRNAs) which interfere with the basic homeostatic cellular ...
(Date:1/15/2014)... The Cadence Fitness & Health Center has been certified ... Association, a non-profit organization assisting medically integrated health and ... Fitness & Health Center is the only certified fitness ... Chicagoland area. "The certification means the Cadence ...
(Date:1/15/2014)... , Jan. 15, 2014 Reportlinker.com ... is available in its catalogue: ... – Worldwide Analysis http://www.reportlinker.com/p01957812/Insulin-Pump-Market--Forecast-–-Worldwide-Analysis.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_Equipment_and_Supply ... Analysis Insulin Pumps ...
Breaking Medicine Technology:MultiCell Technologies Files Patent Application Covering New Class of RNA Therapeutics 2MultiCell Technologies Files Patent Application Covering New Class of RNA Therapeutics 3Cadence Fitness & Health Center Certified as Medical Fitness Facility 2Cadence Fitness & Health Center Certified as Medical Fitness Facility 3Insulin Pump Market & Forecast - Worldwide Analysis 2Insulin Pump Market & Forecast - Worldwide Analysis 3Insulin Pump Market & Forecast - Worldwide Analysis 4Insulin Pump Market & Forecast - Worldwide Analysis 5Insulin Pump Market & Forecast - Worldwide Analysis 6Insulin Pump Market & Forecast - Worldwide Analysis 7Insulin Pump Market & Forecast - Worldwide Analysis 8Insulin Pump Market & Forecast - Worldwide Analysis 9Insulin Pump Market & Forecast - Worldwide Analysis 10Insulin Pump Market & Forecast - Worldwide Analysis 11Insulin Pump Market & Forecast - Worldwide Analysis 12Insulin Pump Market & Forecast - Worldwide Analysis 13Insulin Pump Market & Forecast - Worldwide Analysis 14Insulin Pump Market & Forecast - Worldwide Analysis 15Insulin Pump Market & Forecast - Worldwide Analysis 16Insulin Pump Market & Forecast - Worldwide Analysis 17
... Christiana Care Breast Center at the Helen F. ... accreditation in breast Magnetic Resonance Imaging (MRI) by the American ... ) The Christiana Care Breast Center is ... MRI of the breast offers valuable information about many breast ...
... Rhythm 2011, the Heart Rhythm Society,s 32nd annual scientific sessions, ... AEX: PHI) and the Heart Rhythm Society (HRS) have teamed ... the diagnosis and minimally invasive treatment of heart rhythm disorders. ... electrical signals that regulate the heart and can lead to ...
Cached Medicine Technology:Philips and the Heart Rhythm Society Collaborate to Showcase the Electrophysiology (EP) Lab of Today and the Future 2Philips and the Heart Rhythm Society Collaborate to Showcase the Electrophysiology (EP) Lab of Today and the Future 3
(Date:4/24/2014)... than to receive at least if you,re an adolescent ... study found that 15- and 16-year-olds who find pleasure in ... are less likely to become depressed than those who get ... for themselves. , The researchers detail their findings in the ... The study focused on the ventral striatum, a brain region ...
(Date:4/24/2014)... New Orleans, LA The National Science Foundation ... a Research Experiences for Undergraduates (REU) Site grant ... support the training of undergraduates from diverse social ... from the New Orleans area. The project ... during the summers of 2014-16. It will ...
(Date:4/23/2014)... from healthy, unrelated donors was safe and effective ... by Clostridium difficile , according to a ... Diseases and available online. Known as fecal ... given via a colonoscope or a nasogastric tube. ... promising treatment more readily available to patients. , ...
(Date:4/23/2014)... M.D., scientific director at the National Institute of Arthritis ... the 2014 recipient of the Ross Prize in Molecular ... Molecular Medicine . The award will be given ... Sciences in Manhattan, followed by scientific presentations by Dr. ... the National Institutes of Health. , The award, which ...
(Date:4/23/2014)... Ind. - Purdue University researchers have developed a way ... cell by using tiny gold particles with tails of ... of agricultural and biological engineering, used gold nanoparticles to ... as BRCA1 messenger RNA splice variants, which can indicate ... of these mRNA splice variants in a cell can ...
Breaking Medicine News(10 mins):Health News:Study: Altruistic adolescents less likely to become depressed 2Health News:Pilot study suggests ways to widen access to fecal transplants for C. diff infections 2Health News:NIH scientist to receive Ross Prize in Molecular Medicine 2Health News:Gold nanoparticles help target, quantify breast cancer segments in a living cell 2
... has identified four common gene variants that are associated with ... of vitamin D deficiency. The report from the SUNLIGHT ... in The Lancet and is receiving early online ... that contributed to the risk for vitamin D deficiency," says ...
... June 9, 2010 -- Fish exposed to fly ash at ... are faring better than some expected, researchers have learned. ... that while small amounts of some contaminants from the December ... in the Clinch and Emory rivers, to-date, the fish collected ...
... advance in the treatment of prostate cancer, scientists now know ... cancer growth. This new discovery, published online in The ... red wine and green tea produce a combined effect to ... growth. This finding is important because it may lead to ...
... of Illinois at Chicago researchers are part of an ... autism science and advocacy organization, which today reports new ... second phase of the collaborative Autism Genome Project, are ... Nature . Autism is a complex neurobiological ...
... mortality associated with cancerous tumors, there is a worldwide ... starts to grow and what makes it continue to ... , The National Institute for Mathematical and Biological Synthesis ... Solid Tumor Modeling to be held Jan. 19-21, 2011, ...
... are reporting new evidence that drinking coffee may help ... largely responsible for this effect. Their findings, among the ... in ACS, bi-weekly Journal of Agricultural and Food ... past studies have suggested that regular coffee drinking may ...
Cached Medicine News:Health News:Genome-wide study identifies factors that may affect vitamin D levels 2Health News:So far, fish appear to be healthy after fly ash spill 2Health News:So far, fish appear to be healthy after fly ash spill 3Health News:Polyphenols in red wine and green tea halt prostate cancer growth 2Health News:Researchers report new autism genes discovered 2
VascoScrew is a low profile unipolar pacing lead with a fixed screw for permanent pacing. Due to latest technologies, VascoScrew 6/60 M is compatible to all pacemaker-cavities with the size of IS-1 (...
VascoScrew is a low profile unipolar pacing lead with a fixed screw for permanent pacing. Due to latest technologies, VascoScrew 6/60 M is compatible to all pacemaker-cavities with the size of IS-1 (...
VascoScrew is a low profile unipolar pacing lead with a fixed screw for permanent pacing. Due to latest technologies, VascoScrew 6/60 M is compatible to all pacemaker-cavities with the size of IS-1 (...
VascoScrew is a low profile unipolar pacing lead with a fixed screw for permanent pacing. Due to latest technologies, VascoScrew 6/60 M is compatible to all pacemaker-cavities with the size of IS-1 (...
Medicine Products: