Navigation Links
CryoLife 2013 First Quarter Revenues Grew 10 Percent to a Record $35.5 Million
Date:4/30/2013

ATLANTA, April 30, 2013 /PRNewswire/ --

First Quarter and Recent Highlights:

  • Total revenues grew 10 percent year-over-year to a record $35.5 million
  • Product revenues grew 20 percent year-over-year to $19.8 million
  • Received 510(k) clearance for next generation HeRO® device
  • Central Venous Pathology Summit attended by over 50 healthcare professionals
  • Earnings per share doubles to $0.08
  • Reiterates 2013 financial guidance
  • CryoLife, Inc. (NYSE: CRY), a leading tissue processing and medical device company focused on cardiac and vascular surgery, announced today its results for the first quarter of 2013.  Revenues for the first quarter of 2013 increased 10 percent to a record $35.5 million compared to $32.3 million for the first quarter of 2012. 

    Steven G. Anderson, president and chief executive officer, said, "We are pleased with our first quarter 2013 performance, which included solid top and bottom line results.  Revenues grew 10 percent year-over-year to a record $35.5 million, including 20 percent growth in our higher margin products due to our addition of the HeRO Graft in the second quarter of 2012 and due to BioGlue revenues increasing 12 percent.  The Company continues to generate cash, which allowed us to continue repurchasing shares and invest in growth opportunities for our business.  During the quarter, we received FDA clearance for our next generation HeRO device.  Recently we attracted more than 50 healthcare professionals to an educational summit featuring the HeRO Graft, giving us confidence in the long-term outlook for this product line.  Overall, we remain well positioned to continue growing our business and leverage our strong cash flow to the benefit of our shareholders."

    Net income for the first quarter of 2013 was $2.2 million, or $0.08 per basic and fully diluted common share, compared to net income of
    '/>"/>

    SOURCE CryoLife, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

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

    Related medicine technology :

    1. CryoLife Announces Release Date and Teleconference Call Details for 2013 First Quarter Financial Results
    2. CryoLife Receives FDA Clearance For Next Generation HeRO Device
    3. CryoLife Expands Stock Repurchase Program
    4. CryoLife 2012 Annual Revenues Grew to a Record $131.7 Million
    5. CryoLife Announces Quarterly Cash Dividend for the First Quarter 2013
    6. CryoLife Announces Release Date and Teleconference Call Details for 2012 Fourth Quarter and Year End Financial Results
    7. CryoLife Receives Expanded Indication for BioFoam in Europe
    8. CryoLife to Participate in Lazard Capital Markets 9th Annual Healthcare Conference
    9. CryoLife Reports 13% Revenue Growth for Third Quarter 2012
    10. CryoLife Announces Initiation of Quarterly Cash Dividend
    11. CryoLife Reports 13% Revenue Growth for Second Quarter 2012
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/22/2015)... , May 22, 2015  RegeneRx Biopharmaceuticals, Inc. (OTCQB: ... protection, repair and regeneration, today announced that J.J. ... to present a corporate overview at two upcoming investor ... the SeeThruEquity 4 th Annual Microcap Conference on ... City at 11:00 am EDT.  A webcast ...
    (Date:5/22/2015)... NEW YORK and KING OF PRUSSIA, ... Hemophilia Foundation (NHF) has awarded CSL Behring ... longstanding and unwavering commitment to advancing science and improving the ... by Paul Perreault , CEO and Managing Director, CSL ... New York City on May 21. ...
    (Date:5/22/2015)... 22, 2015  The Mesothelioma Victims Center is ... mesothelioma get the best possible compensation, and they are ... this rare cancer caused by exposure to asbestos ... related to treatment options such as a recent ... Mesothelioma Victims Center anytime at 866-714-6466. http://MesotheliomaVictimsCenter.Com ...
    Breaking Medicine Technology:RegeneRx to Present at 2 Investor Conferences 2RegeneRx to Present at 2 Investor Conferences 3National Hemophilia Foundation Honors CSL Behring with Corporate Leadership Award 2National Hemophilia Foundation Honors CSL Behring with Corporate Leadership Award 3National Hemophilia Foundation Honors CSL Behring with Corporate Leadership Award 4Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 2Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 3Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 4Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 5
    ... WOBURN, Mass. , Feb. 16 Energetiq Technology, ... advanced technology applications, will introduce its Laser-Driven Light Source (LDLS™) ... world at the Biophysical Society 54th Annual Meeting in ... light sources are well suited to challenging applications such as ...
    ... , , BOCA ... today that its NutraRx brand of natural dietary supplements ... receive the Emerson EQP Seal in recognition of the high quality ... rigorous evaluation by Emerson Ecologics of our NutraRx brand of products ...
    Cached Medicine Technology:Energetiq Introduces Laser-Driven Light Sources for Biophysical Applications 2Native Remedies' NutraRx Brand of Natural Products for Medical Practitioners Among First to Earn Prestigious 'Emerson EQP Seal' 2Native Remedies' NutraRx Brand of Natural Products for Medical Practitioners Among First to Earn Prestigious 'Emerson EQP Seal' 3
    (Date:5/24/2015)... (PRWEB) May 24, 2015 ... System CEO - The students ... honored at the fourth annual A ... 15 at Geneva National in Lake ... ,     -Badger High School,         Jonathan Alfonso, ...
    (Date:5/23/2015)... CA (PRWEB) May 23, 2015 With ... small businesses, are finding it increasingly difficult to provide ... which fail to provide adequate insurance for employees stand ... businesses been such an integral part of a business’s ... affordable healthcare for businesses, Online USA Doctors has created ...
    (Date:5/23/2015)... Javon Bea Mercy Health System CEO ... Center, 557 N. Washington St., Janesville, will host an ... pm. , The 8-week clinic is lead by Brent ... who will offer training that encompasses a warm-up, training ... show selection and weekly training plans. , The program ...
    (Date:5/22/2015)... May 22, 2015 The American College ... events in June. They will hold a webinar on ... a two-day class on Classical Chinese Medicine. , Webinar ... Dr. Steve Given, the Dean of Clinical Education, will ... new First Professional Doctorate program. ACTCM is currently developing ...
    (Date:5/22/2015)... 2015 Omar Ahmad Barrada, a junior ... in the 2015 Congress of Future Medical Leaders in ... gathering of “America’s highest achieving high school students.” , ... set new goals and learn better study habits,” said ... during which we can ask the surgeons questions.” , ...
    Breaking Medicine News(10 mins):Health News:Mercy Foundation Honors 16 Students for Making a Difference - Mercy Health System Javon Bea 2Health News:Online USA Doctors Now Offers Cost-Saving Alternative Healthcare for Businesses 2Health News:Online USA Doctors Now Offers Cost-Saving Alternative Healthcare for Businesses 3Health News:ACTCM Announces Upcoming June Events 2Health News:Milton Hershey School Student Chosen for Congress of Future Medical Leaders 2
    ... (PBCC) will hold a press conference on Monday,March 24 ... Flyers-76ers,Surgery Theatre on the main floor of One Ravdin ... Tax Check-Off for Breast and,Cervical Cancer Research campaign and ... receive research grants., Scheduled to speak at the ...
    ... Ill., March 19 Sagent Pharmaceuticals,Inc., a ... has launched ciprofloxacin injection, USP, 5% dextrose ... for intravenous (I.V.),administration used to treat bacterial ... in 200mg and 400mg premix bags.,According to ...
    ... March 19 GlaxoSmithKline (NYSE: GSK ),today ... totaled,$564 million, equivalent to almost 4% of pre-tax ... around 1%). Donations of albendazole treatments,for the company,s ... elephantiasis) were valued at $29 million, bringing the,total ...
    ... groups of 120 members of the U.S. House ... the Centers for Medicare and Medicaid,Services (CMS) raising ... bidding program on small durable medical equipment (DME),providers. ... how the bidding program,will impact thousands of small ...
    ... also more prone, new study finds , , WEDNESDAY, March 19 ... on a number of factors and is more likely to ... A team at the University of Turin analyzed the medical ... between 1994 and 2006. Of those patients, 540 (77 percent) ...
    ... 19, 2008) -- Being too brainy can be a ... social hierarchy favors other traits. "Braininess" also causes problems ... proteins normally produced in neurons, for example, it can ... laboratory at Harvard Medical School (HMS) have identified some ...
    Cached Medicine News:Health News:The Pennsylvania Breast Cancer Coalition Announces Event at the University of Pennsylvania Hospital to Celebrate the 2008 Income Tax Check-Off Campaign 2Health News:Sagent Pharmaceuticals Launches Ciprofloxacin Injection, USP, 5% Dextrose Premix Bag 2Health News:GSK Charitable Support Valued at $564 Million in 2007 2Health News:GSK Charitable Support Valued at $564 Million in 2007 3Health News:Medicare Bidding Program for Durable Medical Equipment May Harm Small Businesses and Decrease Patient Access to Care, Say 137 Members of Congress 2Health News:Medicare Bidding Program for Durable Medical Equipment May Harm Small Businesses and Decrease Patient Access to Care, Say 137 Members of Congress 3Health News:Women at Higher Risk of Abnormal Burn Scars 2Health News:Neuronal regulators offer potential targets for cancer 2
    ... 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 ...
    ... 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 ...
    ... 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 ...
    ... 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 ...
    Medicine Products: