Navigation Links
Recession Leads to Sales Decline and Loss for Allied Healthcare Products in Fiscal 2010
Date:8/30/2010

to a loss in the prior year's fourth quarter of almost $16.1 million, or a negative $2.04 per basic and diluted share, reflecting the $16.0 million accounting charge for impairment of goodwill.

Despite the recession, Allied ended fiscal 2010 with an improved cash position, increasing cash on hand from $1.9 million last year to $5.3 million at the end of fiscal 2010.

"Strong execution by our operations team helped Allied offset much of the negative effects of sales declines," said Earl Refsland, president and chief executive officer. "Sales of mass casualty ventilators we introduced in the second half of fiscal 2009 also helped.  But we could not overcome the effects of unprecedented budget cuts by our customers."Surveys by Allied Healthcare Products indicate that sales declines throughout 2010 and latter 2009 were caused by the recession rather than losses of market share to competitors, Refsland said.

Sales of the new mass casualty ventilators, which cost a fraction of the price of traditional full-featured ventilators and are designed to be operated by non-professionals after brief instruction, totaled about $1.9 million for fiscal 2010, Refsland said.  As with the company's core products, sales of mass casualty ventilators were depressed by budget cuts by cash-strapped healthcare customers.

Allied Healthcare Products manufactures a variety of respiratory products used in the healthcare industry in a range of hospital and alternate care settings including sub-acute facilities, home healthcare and emergency medical care.  Allied product lines include respiratory care products, medical gas equipment and emergency medical products.  Allied products are marketed to hospitals, hospital equipment dealers, hospital construction contractors, home healthcare dealers and emergency medical products dealers.

"SAFE HARBOR" STATEMENT: Statements contained in this release that are not historical facts or information are "f
'/>"/>

SOURCE Allied Healthcare Products, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Despite Recessionary Pressures, Patient and Surgeon Demand Will Drive the Joint Arthroplasty and Fixation Bone Cement Market by 7% Annually Through 2013
2. Reportlinker Adds Global Medical Devices Industry Outlook to 2010: Marketing And Sales Strategies And The Impact of Recession And Recovery
3. $500 Billion Health Care Spend Boosts BRIC Countries Diagnostic Imaging Sales Despite Global Recession, According to Millennium Research Group
4. Reportlinker Adds Global Drug Manufacturing Industry Outlook to 2010: Marketing and Sales Strategies and the Impact of Recession and Recovery
5. Partnership for Prescription Assistance Prepared to Help Southern Workers Hurt by Recession
6. Recession Continues to Depress Sales at Allied Healthcare Products
7. Facial Injectables Emerge From the Recession
8. Groundbreaking Study Proves Personalized Diet Based on Genetics Leads to Significant Advances in Long Term Weight Management and Blood Glucose Levels
9. Providence Hospital Study Finds Communication System Leads to Faster Heart Attack Treatment
10. Discovery Leads to Earlier Diagnosis of Type 1 Diabetes
11. Pharmaleads Lead Candidate for Pain, PL37, Enters Phase I
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/21/2015)... YORK , April 21, 2015 EpiCast ... Summary Sepsis is a life-threatening complication arising from ... the infection damages its own tissues and organs. Anyone ... among children <1 year of age, older ... 2014). Global estimates for the year 2013 showed that ...
(Date:4/21/2015)... DIEGO , 21. April 2015 /PRNewswire/ ... für die quantitative Analyse des Hirnvolumens freut ... einem weltweiten Pharmaunternehmen, bekannt geben zu können. ... leistungsstarken NeuroQuant-Quantifizierungsreports des Hirnvolumens zusammenarbeiten, der die ... Hirnvolumen in Patienten mit multipler Sklerose als ...
(Date:4/21/2015)... 21, 2015 InfuSystem Holdings, Inc. (NYSE MKT: ... related services for the healthcare industry in ... , announces today that it has closed the ... assets of Ciscura Holding Company, Inc., and its subsidiaries.  ... was a privately-held Southeastern regional provider of ambulatory infusion ...
Breaking Medicine Technology:EpiCast Report: Sepsis - Epidemiology Forecast to 2023 2EpiCast Report: Sepsis - Epidemiology Forecast to 2023 3CorTechs Labs kündigt Partnerschaft für die Bereitstellung umfassender Lösungen zur Quantifizierung des Verlustes von Hirnvolumen bei multipler Sklerose an 2InfuSystem Announces Acquisition Of Ciscura's Infusion Pump Fleet 2InfuSystem Announces Acquisition Of Ciscura's Infusion Pump Fleet 3InfuSystem Announces Acquisition Of Ciscura's Infusion Pump Fleet 4
... Young Innovations, Inc. (NASDAQ: YDNT ) today announced ... 2012.  Sales for the first quarter of 2012 ... in the first quarter of 2011. Income from operations increased 5.3% ... million in the first quarter of 2011. Net income increased 5.6% ...
... April 23, 2012  This week COPAN launched videos ... The new videos were created for the Centers ... to be used in a web based course ... for healthcare providers.  The educational videos show proper ...
Cached Medicine Technology:Young Innovations, Inc. Announces Record Sales and EPS for the Quarter Ended March 31, 2012 2Young Innovations, Inc. Announces Record Sales and EPS for the Quarter Ended March 31, 2012 3Young Innovations, Inc. Announces Record Sales and EPS for the Quarter Ended March 31, 2012 4COPAN Produces CDC/Joint Commission Educational Specimen Collection Videos 2
(Date:4/21/2015)... April 21, 2015 The joint venture ... it is opening its first freestanding emergency room later ... Arizona and will be licensed under Dignity Health Arizona ... Health and Adeptus Health joint venture. , Tim Bricker, ... Mercy Gilbert Medical Centers said the new facility will ...
(Date:4/21/2015)... April 21, 2015 Wireless Analytics, ... has been recognized by the Boston Business Journal as ... ranking was announced at a recent event celebrating the ... of the fastest-growing private companies in Massachusetts. , Wireless ... the state that recorded the fastest revenue growth from ...
(Date:4/21/2015)... The report “Dermatitis – ... on the therapeutic development for Dermatitis. ... new targets and MOAs to produce first-in-class ... is available @ http://www.rnrmarketresearch.com/dermatitis-pipeline-review-h1-2015-market-report.html . ... involved in the therapeutic development for Dermatitis ...
(Date:4/21/2015)... Edward Avalos, USDA Under Secretary for Marketing ... of the California Department of Food and Agriculture, have ... GrowRIVERSIDE Conference: The Future of Local Food, conference organizers ... nationally known experts intensifies an already strong line-up of ... slated to speak at the June 11-13 event. ...
(Date:4/21/2015)... Wojo Nutrition announces Abe’s ... its healthiest, will carry Wojo Nutrition's lines of single ... Nutrition, they’ve launched a revolution in the vitamin industry ... meet their multifaceted goals. Their line of single serving ... has been specially formulated to be as unique as ...
Breaking Medicine News(10 mins):Health News:Dignity Health and Adeptus Health to Open First Freestanding Emergency Room in Chandler, Arizona 2Health News:Dignity Health and Adeptus Health to Open First Freestanding Emergency Room in Chandler, Arizona 3Health News:Wireless Analytics Ranked as 25th Fastest Growing Private Company in Massachusetts 2Health News:Dermatitis Therapeutic Development and Pipeline Market Review H1 2015 Available at RnRMarketResearch.com 2Health News:Dermatitis Therapeutic Development and Pipeline Market Review H1 2015 Available at RnRMarketResearch.com 3Health News:Dermatitis Therapeutic Development and Pipeline Market Review H1 2015 Available at RnRMarketResearch.com 4Health News:USDA Under Secretary, former CA Agriculture Director to Address 2nd Annual “GrowRIVERSIDE” Conference in June 2Health News:USDA Under Secretary, former CA Agriculture Director to Address 2nd Annual “GrowRIVERSIDE” Conference in June 3Health News:Wojo Nutrition Announces their Lines of Single Serving Liquid Vitamins will be Available for Purchase online at Abesmarket.com Beginning in May 2
... Penn Foster Career School, one of the oldest and ... a new Certified Personal Trainer Program.With Penn Foster,s Certified ... the techniques and skills of a Personal Trainer plus ... Package that contains materials that will prepare them for ...
... April 28 NASA is preparing to fly a ... bread that could help scientists better understand how effectively ... is a secondary payload aboard a U.S. Air Force ... of May 5.(Logo: http://www.newscom.com/cgi-bin/prnh/20081007/38461LOGO ...
... released by the Institute for Women,s Policy Research:As of this ... been confirmed in the United States with confirmed cases in ... raise its pandemic alert level to Phase 4 for the ... a public health emergency, allowing the distribution of antiviral drugs ...
... a.m.SAN FRANCISCO, April 28 DIAKADI Body, ... to kick off its summer outdoor workout series, the hottest ... For the month of June, individuals of all fitness levels ... Embarcadero to take on the DIAKADI way of training! The ...
... Web Site for Television Couple Follows Trend of Donating ... Anatomy" fans can support their favorite show in a ... Alzheimer,s Champions and donating to the Alzheimer,s ... celebrations, a wedding Web site created for "Grey,s Anatomy" ...
... Washington Four physician membership organizations today released ... The four groups the American Academy of ... (AAP), the American College of Physicians (ACP) and ... 350,000 physicians. The pediatrician, family physician, internist ...
Cached Medicine News:Health News:Penn Foster Career School Launches Online Certified Personal Trainer Program 2Health News:NASA Nanosatellite to Study Antifungal Drug Effectiveness in Space 2Health News:NASA Nanosatellite to Study Antifungal Drug Effectiveness in Space 3Health News:Challenge in Curbing the Spread of Swine Flu: Half of Workforce Lacks Paid Sick Days 2Health News:Challenge in Curbing the Spread of Swine Flu: Half of Workforce Lacks Paid Sick Days 3Health News:SF Outdoor Workout Series: Definitely Not Your Typical Boot Camp! 2Health News:SF Outdoor Workout Series: Definitely Not Your Typical Boot Camp! 3Health News:ABC's 'Grey's Anatomy' Highlights Giving to the Alzheimer's Association 2Health News:Guidelines for medical home demonstrations released by major physician groups 2Health News:Guidelines for medical home demonstrations released by major physician groups 3
... 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 ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... 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 ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: