Navigation Links
Patient Safety Technologies Reports Fourth Quarter And Fiscal 2012 Results
Date:3/18/2013

ities and spent approximately $2.0 in related one-time implementation expenses as compared to 29 new facilities costing approximately $0.5 million in related one-time expenses in the fiscal year 2011.

During the fourth quarter of 2012 the Company generated a GAAP Operating Loss of $42 thousand and Adjusted Operating Income (as defined below) of $781 thousand.  This compares to a GAAP Operating Loss of $891 thousand and an Adjusted Operating Loss of $392 thousand during the fourth quarter of 2011.  During the fiscal year 2012 the Company generated a GAAP Operating Loss of $2.0 million and Adjusted Operating Income of $883 thousand. This compares to a GAAP Operating Loss of $2.7 and an Adjusted Operating Loss of $1.6 million during the fiscal year 2011. The primary reason for the improvement in reported GAAP Operating Loss / Income during the fourth quarter and fiscal year 2012 as compared to 2011 was the higher number of customer facilities implemented and the associated increase in reported revenues without a corresponding increase in operating expenses.

"During 2012 we successfully grew our installed base of customer hospitals by more than all our previous years combined," stated Brian E. Stewart, President and Chief Executive Officer of Patient Safety Technologies, Inc.  "Also during 2012, through the growth of our reported revenues and improvements to our Adjusted Operating Income we were able to begin to demonstrate the operating leverage of the business in our reported financial results.  We are hopeful that during 2013 we can further accelerate the adoption momentum of the SurgiCount Safety-Sponge® System and continue to improve the patient outcomes and financial results of our user facilities." continued Mr. Stewart. 

The Company's fiscal 2012 financial statements are included in its Annual Report on Form 10-K filed by the Company on March 18th, 2013 and available at the SEC's website
'/>"/>

SOURCE Patient Safety Technologies, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. OphthaliX Inc. Announces the Completion of Patient Enrollment for the Phase 3 Dry Eye Syndrome Study
2. Denmarks Odense University Hospital Orders Elektas New Versa HD Linear Accelerator for Radiotherapy Treatment of Patients with Cancer
3. Clay Walker, Country Music Star And Relapsing-Remitting Multiple Sclerosis Patient Urges Others To "Stick With It"
4. N30 Pharmaceuticals Announces First Patient Treated in Clinical Trial of N6022 in Cystic Fibrosis
5. Oregon Pharmacists Urge Lawmakers to Support Drug Price Transparency, Fair Audit and Patient Choice Legislation
6. Niacin Causes Serious Unexpected Side-effects, but no Worthwhile Benefits, for Patients who are at Increased Risk of Heart Attacks and Strokes
7. AnazaoHealth Announces Full Continued Cooperation with FDA to Promote Quality Assurance and Patient Safety
8. Optimism of Cannabis Patients Creates More Demand for Phytiva Brand of Cannabinoid Solutions as Illinois and New Hampshire Take Key Legislative Steps Toward Legalization of Medical Cannabis
9. A Novel Oral Anticoagulant is Planned to be Developed for Patients with Prosthetic Heart Valves or Chronic Renal Dysfunction
10. Drugs.com Launches iOS and Android Mobile App to Empower Patients and Providers Alike
11. Janssen Launches EXPLORER, Global Cardiovascular Research Program, Beginning with Five New Studies in Patients with Unmet Medical Needs
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/15/2014)... 2014 GenomeDx Biosciences today announced data ... Society for Radiation Oncology (ASTRO) Annual Meeting demonstrate ... a genomic test capable of predicting aggressiveness of ... patient outcomes for prostate cancer patients following surgery. ... published study that demonstrates how Decipher test results ...
(Date:9/15/2014)... -- Patients in today,s changing health care landscape are receiving ... setting versus a hospital. In an effort to stay ... continue to receive high quality medical care; Kaiser Permanente ... medicine residency program. The program,s progressive curriculum will prepare ... even virtual settings. "We are excited ...
(Date:9/15/2014)... N.J. , Sept. 15, 2014 /PRNewswire-iReach/ -- ... , University of South Carolina, submitted a Citizen ... Commissioner, asking the FDA to add another Black ... drug labels.  This request asks for a Black ... "toxic psychoses, hallucinations, paranoia, suicidal thoughts or acts, ...
Breaking Medicine Technology:Two New Studies Show Decipher Genomic Prostate Cancer Test Charts Best Course of Treatment and Influences Patient Outcomes 2Two New Studies Show Decipher Genomic Prostate Cancer Test Charts Best Course of Treatment and Influences Patient Outcomes 3Kaiser Permanente Hawaii Launches New Internal Medicine Residency Program 2Kaiser Permanente Hawaii Launches New Internal Medicine Residency Program 3Quinolone Vigilance Foundation Supports Citizen Petition Requesting Another Black Box Warning for Levaquin, Cipro, Avelox 2Quinolone Vigilance Foundation Supports Citizen Petition Requesting Another Black Box Warning for Levaquin, Cipro, Avelox 3
... PARSIPPANY, N.J., March 31, 2011 Pacira Pharmaceuticals, Inc. ... company, today announced financial results for the fourth quarter ... on the execution of its pre-commercial and launch strategies ... "Since our initial public offering in February, we have ...
... CardioNexus Corporation ( www.cardionexus.com ) an affiliated ... Panasonic CardioHealth® Station at the 2011 Annual Scientific ... device, which has just received clearance from the ... and portable cardiovascular imaging device which aims to ...
Cached Medicine Technology:Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 2Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 3Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 4Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 5Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 6Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 7Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 8Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 9Pacira Pharmaceuticals Reports Fourth Quarter and 2010 Financial Results 10Breakthrough CardioHealth® Station Cleared By FDA to Take Center Stage at the Annual Scientific Sessions of the American College of Cardiology 2011 2Breakthrough CardioHealth® Station Cleared By FDA to Take Center Stage at the Annual Scientific Sessions of the American College of Cardiology 2011 3Breakthrough CardioHealth® Station Cleared By FDA to Take Center Stage at the Annual Scientific Sessions of the American College of Cardiology 2011 4
(Date:9/16/2014)... (PRWEB) September 16, 2014 The rapidly ... concern for health plans, employers and PBMs as spending ... of their drug lists. Once a concentrated, patient-specific practice, ... 25 webinar from Atlantic Information Services, Inc. (AIS), ... will offer details of what one leading health ...
(Date:9/16/2014)... San Diego, CA (PRWEB) September 16, 2014 ... a new hydrating lip gloss that true-ly pampers lips from ... your lips satin-smooth all day. , “The creation of true ... were suffering from dry, dehydrated lips no matter what products ... that not only looked great on, but could actually hydrate ...
(Date:9/16/2014)... Triad Semiconductor, Inc. today announced that David ... former President of Linear Technology Corporation was appointed to ... technology and business expertise, and we are delighted that ... Hayden, Triad CEO and chairman. , Mr. Bell brings ... semiconductor experience to Triad's board. From 2008 to 2012, ...
(Date:9/15/2014)... St. Louis, Missouri (PRWEB) September 16, 2014 ... injury lawyers at Carey Danis & Lowe ... Boston Scientific Corp., was found responsible for the injuries ... their bladder sling to treat stress urinary incontinence (SUI). ... that practices defective medical device litigation and personal injury ...
(Date:9/15/2014)... 2014 iFitDress.com, one of the most distinguished ... sapphire evening dresses to its online store. In ... top quality products. They are now provided at very low ... senior spokesman has confidence in the newly unveiled sapphire evening ... by customers from all over the world. Up to now, ...
Breaking Medicine News(10 mins):Health News:Sept. 25 Webinar to Offer Health Plan, Employer Strategies to Control Compounded Medication Costs 2Health News:True Science Cosmetics, LLC Launches True Lipz™ 2Health News:David Bell Joins Triad Semiconductor's Board of Directors 2Health News:Carey Danis & Lowe Reports On $73 Million Boston Scientific Verdict 2Health News:Beautiful Sapphire Evening Dresses Provided By iFitDress.com 2
... of,Public Welfare said today it is working with ... an abandoned child in,Lansdowne, Delaware County., An ... noon today and said, "I left a baby ... without providing any other information. Local law,enforcement was ...
... and large numbers of men, are interested in having cosmetic ... Journal of Plastic and Reconstructive Surgery. , ... in cosmetic surgery, liposuction or both, and another 23 percent ... Among men, 23 percent said they would be interested in ...
... /PRNewswire/ - The IND proposes a randomized Phase,III ... Best Supportive,Care (BSC) versus BSC alone for the ... gastroesophageal junction and stomach who,have failed adjuvant or ... of the IND and will direct the clinical ...
... Oct. 26 In a statewide,effort to help ... violence shelters, the Michigan State Medical Society (MSMS),Foundation ... and,distribute personal care items in conjunction with the ... Day" on,Saturday, October 27., "The women and ...
... WHEATON, Ill., Oct. 26 The following is a,media ... Rehabilitation Hospital is the 2007 recipient of the,James Brady ... or organization,that goes above and beyond to improve lives ... goals of the Brain Injury Association of,Illinois., In ...
... UniCare announced today a policy to,make it easy for ... the prescription drugs they need. A one-time override ... up so,that UniCare policyholders in the affected counties can ... in place for,members living in Los Angeles, Orange, San ...
Cached Medicine News:Health News:Safe Haven Hotline Receives Report of Abandoned Baby in Lansdowne 2Health News:Huge numbers willing to go under knife to alter their appearance, study finds 2Health News:Supratek Pharma Inc. announced today that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for SP1049C for the treatment of metastatic adenocarcinoma of the upper gastrointestinal tract 2Health News:Michigan State Medical Society Foundation 'Makes A Difference' by Assisting Those in Crisis Shelters 2Health News:Marianjoy Rehabilitation Hospital to Receive James Brady Award From Brain Injury Association of Illinois 2Health News:UniCare Announces Temporary Pharmacy Guidelines for Customers Affected by the California Wildfires 2
... custom bars have a large body ... contacts (spaced 3 centimeters center-to-center) to ... repeated cleaning. Polarity indicators are molded ... handle fits our bar electrode styles. ...
... phakic IOL is the first lens of its ... for the reduction or elimination of myopia in ... diopters and in patients aged 21 and over. ... 150,000 procedures performed worldwide, results prove that the ...
... the strongest vacuum force in ... The unit includes a ... plug, footswitch, built-in wheels, retractable ... ring to hold the liquid ...
... technology for the phakic eye, clinically ... quality of vision and visual acuity ... lens is compatible with current cataract ... for the correction of myopia in ...
Medicine Products: