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Misonix, Inc. Announces Fourth Quarter and Fiscal Year 2013 Financial Results
Date:9/24/2013

FARMINGDALE, N.Y., Sept. 24, 2013 /PRNewswire/ -- Misonix, Inc. (NASDAQ: MSON), an international surgical device company that designs, manufactures and markets innovative therapeutic ultrasonic products for spine surgery, skull based surgery, neurosurgery, wound debridement, cosmetic surgery, laparoscopic surgery and other surgical applications, today announced financial results for the fourth quarter and fiscal year 2013 ended June 30, 2013.

Highlights for the quarter and the fiscal year included:

  • BoneScalpel revenue for the fiscal year 2013 increased 33% to $6.3 million when compared to fiscal 2012.
  • BoneScalpel units sold or placed increased to 165 units in fiscal 2013 from 121 units in fiscal 2012. Placed units in the United States were 38 units in fiscal 2013 compared to 11 units in fiscal 2012.
  • BoneScalpel disposable revenue increased 65% to $4 million in fiscal 2013 from $2.4 million in fiscal 2012.
  • SonicOne® revenue increased 43% to $1.9 million in fiscal 2013; units increased to 46 units in fiscal 2013 vs. 23 units in fiscal 2012.
  • SonicOne disposable revenue increased 115% to $315,000 in fiscal 2013.
  • SonaStar® revenue decreased 9.7% to $5.3 million in fiscal 2013.
  • Revenue from the BoneScalpel, SonicOne and SonaStar increased 13.1% to $13.5 million for the fiscal year 2013 compared to $11.9 million for fiscal 2012.
  • Received regulatory approval in China to sell SonaStar and BoneScalpel.
  • BoneScalpel units placed in the 4th quarter fiscal 2013 were 17 units compared to 5 units in fiscal 2012.
  • BoneScalpel domestic disposables increased 167% in the 4th quarter fiscal 2013 to $339,000.
  • Full-year 2013 Financial ResultsNet sales decreased 5% to $14.8 million for the full year ended June 30, 2013, as sales from legacy products contin
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    SOURCE Misonix, Inc.
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