Navigation Links
Encision Reports 9.3% Revenue Increase in First Quarter Results
Date:7/28/2011

BOULDER, Colo., July 28, 2011 /PRNewswire/ -- Encision Inc. (Pink Sheets: ECIA), a medical device company owning patented surgical technology that is emerging as a standard of care in minimally-invasive surgery, reported its financial results for its first fiscal quarter ended June 30, 2011.

The Company recorded total revenue of $3.184 million, consisting of net product revenue of $2.833 million and net service revenue of $351 thousand, and had a net loss of $21,000 or $0.00 per share for the first quarter of fiscal year 2012. Total revenue represented a 9.3% increase from total revenue of $2.913 million for the first quarter of fiscal year 2011. The Company's net loss compared favorably to the $119,000 net loss, or $(0.02) per share for the first quarter of fiscal year 2011.

Gross profit margin, on total revenue, for the first quarter of fiscal year 2012 was 56% as compared to 63% for the first quarter of fiscal year 2011. The gross profit margin decrease from the first quarter of fiscal year 2011 was due to a planned manufacturing slowdown that resulted in higher product unit costs, principally of our disposable scissor inserts, and a slight increase, as a percentage of sales, of lower gross margin sales.

"We are pleased that our relationship with our strategic partners generated increased service revenue for us and enabled our total revenue to grow by 9.3% over our prior year's first quarter revenue," said Jack Serino, President and CEO of Encision Inc. "Our past efforts at expanding revenue opportunities through strategic partnerships has started to impact positively our revenue, as shown in our first quarter's revenue increase. These strategic partnership revenues complement our initiatives to regrow our AEM® business that was negatively impacted during the economic downturn and the resulting loss of business that we suffered."

Encision Inc. des
'/>"/>

SOURCE Encision Inc.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related medicine technology :

1. Encision Reports Profitable Fourth Quarter and Fiscal Year 2011 Results
2. Encisions Active Electrode Monitoring Technology Recommended at Minimally Invasive Gynecology Congress
3. Encisions Technology Recognized as A Means to Eliminate Surgery Burns
4. Encision and HealthTrust Purchasing Group Sign Purchasing Agreement
5. Encision Reports Profitable Third Fiscal Quarter Results
6. Regeneron Reports Second Quarter 2011 Financial and Operating Results
7. Cell Therapeutics, Inc. (CTI) Reports Reduction in Operating Expenses and Net Losses for Second Quarter and First Half 2011 Compared to 2010, and Advances In Bringing Pixantrone to Market
8. Hill-Rom Reports Fiscal Third Quarter Results; Updates 2011 Financial Outlook
9. Varian Medical Systems Reports Results for Third Quarter of Fiscal Year 2011
10. Covance Reports Second Quarter Revenue of $518 Million, GAAP EPS of $0.61, and Pro Forma EPS of $0.66
11. Hospira Reports Second-Quarter 2011 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2013)... May 24, 2013  Regulatory and marketplace changes ... many organizations, priority list. Forward-thinking ... understand a strong Medical Affairs function ... development, market education , and regulatory compliance. ... vital bridge between an organization and one of ...
(Date:5/24/2013)... LAKES, N.J. , May 24, 2013  BD (Becton, ... global medical technology company, announced today that it will present ... Conference on Thursday, May 30, 2013, at 10:40 a.m. (ET). ... be accessed from the BD corporate website at www.bd.com/investors ... 6, 2013.    About BD BD ...
(Date:5/24/2013)... BEVERLY HILLS, Calif. , May 24, 2013 /PRNewswire-iReach/ ... the state,s leading non-profit substance abuse services organization, is ... at the Beverly Hills Hotel on June 6, 2013.  ... event to raise funds for the adolescent residential treatment ... as well as honor individuals whose accomplishments have positive ...
Breaking Medicine Technology:Building Medical Affairs Capabilities to Ensure Organizational Success across Key Operational Areas 2Phoenix House Honors Allergan Chairman David Pyott And Legendary Sports Agent And Humanitarian, Leigh Steinberg 2Phoenix House Honors Allergan Chairman David Pyott And Legendary Sports Agent And Humanitarian, Leigh Steinberg 3
... BioTrends Research Group, Inc. released two syndicated ... Nephrology Q310 and TreatmentTrends®: Renal Dietitians 2010 ). ... with 200 nephrologists and 205 renal dietitians and ... behavior with a focus on renal anemia and ...
... Bioprobes today announced that the United States Patents ... covering novel blood protein biomarkers related to cardiovascular ... of patent applications that cover specific human protein ... "The biomarkers were discovered using Intrinsic Bioprobes, unique ...
Cached Medicine Technology:The Renal Anemia Market Shows Signs of Stabilization but Changes are Occurring in the Bone and Mineral Metabolism Market 2The Renal Anemia Market Shows Signs of Stabilization but Changes are Occurring in the Bone and Mineral Metabolism Market 3Intrinsic Bioprobes Announces Issuance of US Patent for Novel Biomarkers and Assays for Myocardial Infarction 2
(Date:5/25/2013)... City, Utah (PRWEB) May 25, 2013 ... health insurance marketplaces . Zane Benefits, which provides ... benefits, is the leader in defined contribution plans ... Benefits’ website, the October 1, 2013 open enrollment of ... The mantra of the Marketplaces is "Choice, Competition and ...
(Date:5/25/2013)... 2013 This week idcloak Technologies releases a ... in countries where the site is blocked. When IP ... none of the site compatibility problems associated with regular proxy ... how a user may apply IP Port proxies to create ... of doing so are. , “When a user takes an ...
(Date:5/25/2013)... 25, 2013 According to an article in ... a Feeling,” nearly 30 million Americans tan indoors each year ... despite knowing the health risks. New research suggests ... addictive effect on the brains of some tanners (Go to ... article so I can’t say that I fully support this ...
(Date:5/25/2013)... Mansfield, MA (PRWEB) May 25, 2013 Imagine ... long -- the energy loss, hot air and wasted energy! ... whole house fan, a fireplace or clothes dryer, that may ... , Drafts from these often overlooked holes waste energy in ... source of heating and cooling loss in the home. , ...
(Date:5/25/2013)... While some will be spending their ... serving our Country, many others will simply enjoy their ... The DUI attorneys at MacGregor & Collins, LLP have ... keep this weekend’s party-goers out of trouble. , According ... more than 950 fatal alcohol-related collisions and 16,000 injuries ...
Breaking Medicine News(10 mins):Health News:Zane Benefits Publishes New Information on the Health Insurance Marketplaces 2Health News:Zane Benefits Publishes New Information on the Health Insurance Marketplaces 3Health News:idcloak Launches Proxy Web Browser for Blocked Facebook Users 2Health News:Sun Damage – Are UV Rays Addictive? 2Health News:How To Stop Drafts and Save On Home Energy Bills This Summer - New Draft Stoppers Now Available From Battic Door Energy Conservation 2Health News:How To Stop Drafts and Save On Home Energy Bills This Summer - New Draft Stoppers Now Available From Battic Door Energy Conservation 3Health News:How To Stop Drafts and Save On Home Energy Bills This Summer - New Draft Stoppers Now Available From Battic Door Energy Conservation 4Health News:Criminal Attorneys Provide Memorial Day Weekend DUI Checklist and Safety Information 2Health News:Criminal Attorneys Provide Memorial Day Weekend DUI Checklist and Safety Information 3
... Albemarle,Corporation (NYSE: ALB ), a global supplier ... price of its Ibuprofen 40 micron,and Ibuprofen 70 ... 20 micron,product by 20 percent, worldwide, effective October ... http://www.newscom.com/cgi-bin/prnh/20050801/ALBEMARLELOGO ) "Albemarle proudly stands behind ...
... four times more likely to kill patients with inflammatory ... the journal Gut. , C difficile is an important ... new cases of the infection have been steadily increasing ... a representative sample of community hospital admissions in the ...
... of,Massachusetts (AAC) today presented written and oral testimony to ... bills having to do with privacy,informed consent and mandatory ... support of H2276,the Public Health Privacy Act, urging the ... public health system,s interest in obtaining health,information for the ...
... Calif., Sept. 26 SEIU United Healthcare,Workers-West ... injunctive relief seeking,to stop Tenet Healthcare Corp. ... hospital employees, including registered nurses,pharmacists, licensed vocational ... and certified nursing,assistants. Workers represented by ...
... Residents from Metropolitan,Jewish Geriatric Center recently participated in ... Yom Kippur. (Photo: http://www.newscom.com/cgi-bin/prnh/20070926/NYW148 ) ... (a rooster for a man and a,hen for ... while reciting a prayer.,This ritual is meant to ...
... of premature birth, experts note , WEDNESDAY, Sept. 26 (HealthDay ... use of nicotine replacement gum, patches or lozenges, according to ... must be weighed against concerns about early birth, the researchers ... Medicine , the authors noted that an independent safety board ...
Cached Medicine News:Health News:Albemarle to Increase Price of Ibuprofen 2Health News:AIDS Action Committee Testifies to Protect the Privacy of People Seeking Healthcare in Massachusetts 2Health News:Unions File Charges Against Tenet Healthcare Corporation, Three Northern California Hospitals 2Health News:Stop-Smoking Therapies Have Benefits, Risks for Pregnant Women 2
... The 5mm AEM Laparoscopic Instruments incorporate ... AEM Instruments are shielded and monitored to ... of the instrument caused by insulation failure ... risk. The protective shield built into all ...
... Laparoscopic Instruments incorporate a layered design unique ... and monitored to prevent stray electrosurgical burns ... by insulation failure or capacitive coupling; a ... built into all AEM Instruments provides a ...
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
SOLOS Endoscopy shares your commitment to provide every patient with the highest quality care available through our ongoing research and development of advanced surgical instruments and diagnostic so...
Medicine Products: