Navigation Links
Symmetry Medical Announces Preliminary Unaudited Full Year 2010 Revenue
Date:2/17/2011

WARSAW, Ind., Feb. 17, 2011 /PRNewswire/ -- Symmetry Medical Inc. (NYSE: SMA), a leading independent provider of products to the global orthopaedic device industry and other medical markets, announced today preliminary unaudited revenue for the full year ended January 1, 2011.

Symmetry anticipates full year 2010 revenue of approximately $361 million, in line with previously issued guidance of $360 to $364 million.

For the full year 2011, the Company issued revenue guidance of $363 to $383 million, representing annual growth of approximately 1% to 6%.

Symmetry announced anticipated full year 2010 revenue and 2011 revenue guidance in advance of the Company's Investor Breakfast, which is scheduled for 7:30 a.m. PT on Thursday, February 17, 2011.  The Investor Breakfast is being held in conjunction with the American Association of Orthopedic Surgeons (AAOS) Annual Meeting in San Diego, CA.  A live Web cast of the Investor Breakfast will be available online from the investor relations page of the Company's corporate Web site at www.symmetrymedical.com.  After the live Web cast, a replay will remain available on Symmetry Medical's Web site through March 17, 2011.

Symmetry will announce complete financial and operating details of its fourth quarter and the full year ended January 1, 2011, as well as 2011 EPS guidance, before the market opens on Thursday, February 24, 2011. The Company will host an accompanying conference call at 8:00 a.m. ET on Thursday, February 24, 2011.

A live Web cast of the conference call will be available online from the investor relations page of the Company's corporate Web site at www.symmetrymedical.com. The dial-in numbers are (800) 573-4840 for domestic callers and (617) 224-4326 for international. The reservation number for both is 65718196. After the live Web cast, the call will remain available on Symmetry Medical's Web site through May 24, 2011. In addition, a telephonic replay of the call will be available until March 10, 2011. The replay numbers are (888) 286-8010 for domestic callers and (617) 801-6888 for international callers. Please use reservation code 64799370.

About Symmetry Medical Inc.Symmetry Medical Inc. is a leading independent provider of implants and related instruments and cases to the orthopaedic device industry. The Company also designs, develops and produces these products for companies in other segments of the medical device market, including arthroscopy, dental, laparoscopy, osteobiologic and endoscopy sectors and provides limited specialized products and services to non-healthcare markets, such as the aerospace market.

Forward-Looking StatementsStatements in the press release regarding Symmetry Medical Inc.'s business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties, within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are predictive in nature and are frequently identified by the use of terms such as "may," "might," "will," "should," "expect," "believe," "anticipate," "plan," "estimate," "intend," and similar words indicating possible future expectations, events or actions. Such predictive statements are not guarantees of future performance, and actual outcomes and results could differ materially from our current expectations. We refer you to the "Risk Factors" and "Forward Looking-Statements" sections in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission as well as the Company's other filings with the SEC, which are available on the SEC's Web site at www.sec.gov.Contact:

Symmetry Medical Inc.

Fred L. Hite

Senior Vice President

Chief Financial Officer

(574) 371-2218Investors:

The Ruth Group

Nick Laudico/Zack Kubow

(646) 536-7030/7020

nlaudico@theruthgroup.com

zkubow@theruthgroup.comMedia:

Jason Rando

The Ruth Group

(646) 536-7025

jrando@theruthgroup.com
'/>"/>

SOURCE Symmetry Medical Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Symmetry Medical to Report Third Quarter 2009 Financial Results on November 5, 2009
2. Symmetry Medical Updates Full Year 2009 Financial Guidance
3. Symmetry Medical Reports Third Quarter 2009 Financial Results
4. Symmetry Medical to Present at 21st Annual Piper Jaffray Health Care Conference
5. Symmetry Medical Announces Restructuring
6. Symmetry Medical to Present at Two Upcoming Conferences
7. Symmetry Medical to Report Third Quarter 2010 Financial Results on November 4, 2010
8. Symmetry Medical Closes $200 Million Credit Facility
9. Symmetry Medical Board of Directors Appoints Thomas J. Sullivan President and Chief Executive Officer
10. Symmetry Medical to Host Investor Breakfast on February 17, 2011
11. Symmetry Medical to Present at Canaccord Genuitys Musculoskeletal Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... -- According to a new market research ... Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, 8mm, ... Purchase (Retail, Non-Retail) - Trends & Global Forecasts to ... for the forecast period of 2016 to 2021. This ... 2021 from USD 1.65 Billion in 2016, growing at ...
(Date:6/24/2016)... , Belgium , June 24, ... VNRX), today announced the appointment of Dr. ... Directors as a Non-Executive Director, effective June 23, ... Audit, Compensation and Nominations and Governance Committees.  As ... Futcher will provide independent expertise and strategic counsel ...
(Date:6/23/2016)... 2016  MedSource announced today that it has ... solution of choice.  This latest decision demonstrates MedSource,s ... their clients by offering a state-of-the-art electronic data ... nowEDC as the EDC platform of choice in ... "nowEDC has long been a preferred EDC platform ...
Breaking Medicine Technology:
(Date:6/24/2016)... , ... June 24, 2016 , ... ... actively feeding the Frederick area economy by obtaining investment capital for emerging technology ... past 2½ years that have already resulted in more than a million dollars ...
(Date:6/24/2016)... ... June 24, 2016 , ... Today, ... stem (iPS) cells and other difficult to transfect cells, announces its launch of ... PluriQ™ G9™ Gene Editing System is a complete system for culturing and ...
(Date:6/24/2016)... ... 2016 , ... To succeed under value-based payments, healthcare providers ... how to move forward, given the need to sustain current operations. PYA has ... an organization’s specific needs. , PYA Principal Martie Ross states, “Healthcare providers want ...
(Date:6/24/2016)... ... 24, 2016 , ... SpiritQuest Sedona Retreats, located in Arizona has re-located to ... vortex sites: Cathedral Rock, Airport Mesa, and Boynton Canyon. The new retreat center ... as well as the Sedona Rouge, both popular accommodations for SpiritQuest clients. The ...
(Date:6/23/2016)... ... June 23, 2016 , ... An article published June 8 ... between head and neck cancer in individuals with unhealthy oral hygiene habits. The article ... on whether they had gum disease, brushed their teeth on a daily basis, wore ...
Breaking Medicine News(10 mins):