Navigation Links
InspireMD Reports Fourth Quarter and Fiscal Year 2013 Results
Date:9/17/2013

13 was $3.2 million, or $0.10 per basic and diluted share, a decrease of 8.6% compared to a non-GAAP net loss of $3.5 million or $0.21 for the same period in 2012.  The non-GAAP net loss for the quarter ended June 30, 2013 primarily excludes the $10.6 million non-recurring, non-cash costs associated with the conversion and retirement of the Company's convertible debt in conjunction with the April 2013 capital raise.

Fiscal Year End Financial ResultsRevenue for the fiscal year ended June 30, 2013 totaled $4.9 million, a decrease of 8.9% compared to $5.3 million for the same period in 2012. The $0.4 million decrease in sales volume was due primarily to the process of restructuring the Company's commercial strategy in key countries by developing direct sales channels and eliminating certain non-performing third party distributors.

Gross profit for the fiscal year ended June 30, 2013 totaled $2.6 million, an increase of 3.6% compared to $2.5 million for the same period in 2012. The increase in gross profit is attributable to a decrease in cost of revenues, primarily from a non-recurring write-off of $0.4 million of slow moving inventory in the twelve months ended June 30, 2012, which did not occur in the same period in 2013.
These decreases were partially offset by expenses related to the integration of our R&D center into a streamlined manufacturing facility intended to increase efficiency and support anticipated commercial demand. Gross margins increased to 53.2% for the fiscal year ended June 30, 2013 compared to 46.7% for the same period in 2012.

Total operating expenses for the fiscal year ended June 30, 2013 were $17.7 million, a decrease of 11.9% compared to $20.0 million for the same period in 2012.  The decrease was primarily due to a decrease in share-based compensation of $6.7 million, which was partially offset by an increase in Sales and Marketing, as the Company builds the appropriate sales infrastructure for future gr
'/>"/>

SOURCE InspireMD
Copyright©2012 PR Newswire.
All rights reserved

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

Related medicine technology :

1. InspireMD Announces First Quarter 2012 Financial Results
2. InspireMD Announces Positive 3-Year Results from Extended MAGICAL trial
3. InspireMD to Present at Inaugural Marcum Microcap Conference on June 20th in New York
4. InspireMD to Present at Harvard Investors Group on June 27 in New York
5. InspireMD Announces Positive Results From MGuard(TM) Stent MASTER Trial for Emergency Treatment of Heart Attack Patients
6. InspireMD Reports Results For Period Ending Sept. 30, 2012
7. Positive Results of InspireMDs MASTER Trial to be Published on November 6 in Journal of American College of Cardiology
8. InspireMD to Discuss MGuard(TM) and the MASTER Randomized Trial Results at the ICI 2012 Meeting
9. InspireMD Reports Results for Period Ended Dec. 31, 2012
10. InspireMD Files Amended Registration Statement for Proposed Public Offering of Common Stock
11. InspireMD Receives CE Mark Approval for Carotid Embolic Protection Stent
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/24/2014)...  Surgical Theater LLC ha annunciato oggi ... l,apertura in data 24 novembre del primo ... IRCCS Istituto Neurologico Nazionale "C. Besta". I ... pianificazione chirurgica) e Surgical Navigation Advanced Platform ... presentati in occasione dell,evento dedicato alle loro ...
(Date:11/24/2014)... 2014  Inovio Pharmaceuticals, Inc. (NASDAQ: INO ) ... and CEO of Inovio Pharmaceuticals, will be joined by members ... Nasdaq Opening Bell tomorrow, Tuesday November 25, 2014, at 9:30 ... listing on the Nasdaq Global Select Market.  ... are honored to ring the Nasdaq Opening Bell on behalf ...
(Date:11/23/2014)... N.J. , Nov. 23, 2014  Aurobindo Pharma ... GESB14011-A of Gabapentin Capsules, USP 300 mg 100-count bottles ... found to contain some empty capsules. Empty ... in adverse health consequences that could range from no ... effect, or status epilepticus (long period seizures) that could ...
Breaking Medicine Technology:La tecnologia di Surgical Theater in mostra in Italia all'apertura del centro Besta NeuroSim di Milano 2La tecnologia di Surgical Theater in mostra in Italia all'apertura del centro Besta NeuroSim di Milano 3La tecnologia di Surgical Theater in mostra in Italia all'apertura del centro Besta NeuroSim di Milano 4Inovio Pharmaceuticals to Ring Opening Bell Nov 25th on the Nasdaq Stock Market 2Inovio Pharmaceuticals to Ring Opening Bell Nov 25th on the Nasdaq Stock Market 3Aurobindo Pharma USA, Inc. Issues Voluntary Nationwide Recall of Northstar Label Gabapentin Capsules, USP 300 mg Due to Complaints of Empty Capsules 2
... Onyx Pharmaceuticals, Inc. (Nasdaq: ONXX ) today announced that it ... overview, as well as to discuss first quarter 2010 financial results, on ... 2:00 p.m. Pacific Time ).  Financial results for the first quarter ended ... , , ...
... , MINNEAPOLIS , April 27 ATS ... state-of-the-art cardiac surgery products and services, today announced participation in ... Thoracic Surgeons (AATS) being held in Toronto, Canada , ... is a key gathering of cardiovascular surgeons, nurses and allied ...
Cached Medicine Technology:Onyx Pharmaceuticals Announces First Quarter 2010 Financial Results Teleconference and Webcast 2ATS Medical Announces Participation in the 90th Annual Meeting of the American Association for Thoracic Surgeons 2ATS Medical Announces Participation in the 90th Annual Meeting of the American Association for Thoracic Surgeons 3ATS Medical Announces Participation in the 90th Annual Meeting of the American Association for Thoracic Surgeons 4
(Date:11/26/2014)... Schaumburg, IL (PRWEB) November 26, 2014 ... of communication management solutions, has been award the ... Telephony Magazine. , This award comes as a ... its capabilities within the Lync ecosystem. Specifically, ISI ... for all modes of Lync communication, including voice, ...
(Date:11/26/2014)... (PRWEB) November 26, 2014 Anthropologists ... effectiveness in containing and stopping Ebola, improve international ... in healthcare systems in West Africa. , ... to Stop Ebola: Anthropologists Offer Insights,” will be ... the American Anthropological Association (AAA), Fri., Dec. 5, ...
(Date:11/26/2014)... (PRWEB) November 26, 2014 Call 866-997-4948 ... requirements or email the details on sales(at)researchmoz(dot)us , ... and drug discovery market 2014" with deep study of ... the result of high blood sugar. The global glucose ... linked to the growing number of diabetics in the ...
(Date:11/26/2014)... November 26, 2014 Medical suction and ... out of 5. This score represents steady growth in ... years to 2014 as a result of swelling demand ... machines, which are largely considered nondiscretionary. IBISWorld market research ... buyers have some degree of flexibility, given the low ...
(Date:11/26/2014)... 2014 Bunion Bootie, the newest and ... an early celebration of the early holiday shopping season. ... at the promotional price of $29.95 each (normally $33.95 ... to any automatic discounts applied when buying more than ... for complete details. It’s simple: purchasing more Bunion ...
Breaking Medicine News(10 mins):Health News:ISI Telemanagement Solutions, Inc. has been Awarded the 2014 Microsoft Lync Pioneer Award 2Health News:Anthropologists Release Recommendations, Better Practices to Contain Ebola 2Health News:Anthropologists Release Recommendations, Better Practices to Contain Ebola 3Health News:Latest Report on Diabetes Market 2014 - Global Market Size, Share, Trends and Forecast by Researchmoz.us 2Health News:Latest Report on Diabetes Market 2014 - Global Market Size, Share, Trends and Forecast by Researchmoz.us 3Health News:Medical Suction & Vacuum Products Procurement Category Market Research Report from IBISWorld has Been Updated 2Health News:Medical Suction & Vacuum Products Procurement Category Market Research Report from IBISWorld has Been Updated 3Health News:Medical Suction & Vacuum Products Procurement Category Market Research Report from IBISWorld has Been Updated 4Health News:Bunion Bootie Temporarily Lowering Prices for Holiday Shopping, Starting Today! 2
... Emergency Stand Alone switch provider sees telcos looking to find,viable solutions for improving public safety and network resiliency for ... Americans, BOULDER, Colo., April 3, ... CEO Aztek Networks ( http://www.azteknetworks.net ... more than 20 years experience, Bruny has served ...
... Rhytec, Inc. the pioneer,of plasma skin regeneration and ... novel thermal energy called plasma for reversing the ... Food and Drug Administration (FDA),clearance to market a ... already cleared by the FDA for treating facial ...
... The following is a,statement of William V. Corr, ... and legislative leaders have broken Ohio,s,promise to protect its ... the state,s highly successful tobacco prevention program, run by ... price if this raid,is carried out. More kids will ...
... 2, 2008 Grubb &,Ellis Healthcare REIT, Inc. today ... Located at 3035, 3037, 3131, and 3133 Lakeland ... of four identical buildings. Each,building has approximately 8,000 square ... in 1996 and 1998 on approximately 4.64,acres, the buildings ...
... Blunt (Mo.) issued the following statement today after the ... AIDS initiative -,even though the president himself only requested ... program couldn,t spend in 10,years what the majority believes ... than one occasion that the president,s initiative on,fighting HIV/AIDS ...
... Latest Data Shows Number of Eye Disease Patients ... Americans are currently,living with age-related eye disease and, ... and the National Eye Institute, that number,is continuing ... aged 40 and,older, more than 30 million suffer ...
Cached Medicine News:Health News:Telecommunications Carriers Respond To Congress' Declaration of April as National 9-1-1 Education Month 2Health News:Telecommunications Carriers Respond To Congress' Declaration of April as National 9-1-1 Education Month 3Health News:Portrait(R) Plasma Receives Clearance from the FDA to Treat Acne Scars 2Health News:Portrait(R) Plasma Receives Clearance from the FDA to Treat Acne Scars 3Health News:Gov. Strickland, Legislative Leaders Break Promise to Protect Ohio's Kids from Tobacco 2Health News:Grubb & Ellis Healthcare REIT Acquires Vista Professional Center in Lakeland, Fla. 2Health News:Grubb & Ellis Healthcare REIT Acquires Vista Professional Center in Lakeland, Fla. 3Health News:Grubb & Ellis Healthcare REIT Acquires Vista Professional Center in Lakeland, Fla. 4Health News:Eye Disease Continuing to Increase Among Americans 2Health News:Eye Disease Continuing to Increase Among Americans 3
The Bledsoe Achilles Boot saves time by eliminating casting series required to stretch the achilles tendon during rehab....
Get back into action with MalleoLoc. Perfect for playing basketball, volleyball or everyday activities. The MalleoLoc stabilizing ankle brace increases ankle stability without restricting mobility....
DarcoGel™ Upper chamber is foam filled, conforms to calf; gel-filled lower chamber molds to the malleoli for a custom fit. Freeze the removable liner for cold therapy. One size. Fits left or ri...
Softsplint after bunion surgery. Hook-and-loop closure. Maintains hallux positioning and metatarsophalangeal alignment. Washable....
Medicine Products: