Navigation Links
Symmetry Medical Reports Fourth Quarter and Full Year 2010 Financial Results
Date:2/24/2011

10. Excluding expenses related to facility consolidation and employee severance payments referenced above, operating income for the fourth quarter 2010 was $9.1 million, compared to $3.1 million in the same period last year and $7.6 million in the third quarter 2010.

The fourth quarter 2010 results include a debt extinguishment charge of $0.8 million pre-tax, or $0.5 million after tax, related to the Company's debt refinancing activities completed during the fourth quarter of 2010.

The fourth quarter 2010 included a non-cash gain of $0.2 million for the mark to market of the Company's interest rate derivative, compared to a non-cash gain for the interest rate derivative of $0.4 million in the fourth quarter 2009.  All existing interest rate derivative instruments were unwound during November 2010 in connection with the Company's debt refinancing activities.

Income tax expense for the fourth quarter 2010 was $2.6 million, compared to an income tax benefit of $0.6 million for the fourth quarter of 2009.  The fourth quarter 2010 effective tax rate of 38% was higher than the Company's expectations and full year 2010 rate of 36% due primarily to the unfavorable impacts of foreign taxes, which more than offset the favorable impact of the $0.3 million benefit from the Federal Research and Development tax credit, extended by the Federal Government in the fourth quarter of 2010.  

Net income for the fourth quarter 2010 was $4.3 million, or $0.12 per diluted share, compared to $0.6 million, or $0.02 per diluted share, in the same period last year and $3.6 million, or $0.10 per diluted share, in the third quarter of 2010. Excluding the facility consolidation, employee severance payments and debt extinguishment charges referenced above, net income for the fourth quarter 2010 was $4.9 million, or $0.14 per diluted share, compared to $0.05 in the same period last year and $0.10 in the third quarter 2010.

The weighted average numbe
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9

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:7/11/2014)... ALBANY, New York , July 11, 2014 /PRNewswire/ ... published by Transparency Market Research "Endoscopy Devices Market (Endoscopes, ... Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019" the ... billion in 2012 and is expected to grow at ... reach an estimated value of USD 36.9 billion in ...
(Date:7/11/2014)... , July 11, 2014 ... to Safety & Health Expo 2014 were ... move to London , ... attending exhibition.          ... http://photos.prnewswire.com/prnh/20140711/696892-a )      (Photo: ...
(Date:7/10/2014)... , 11. Juli 2014  Dilon ... für die molekulare Bildgebung, einschließlich molekularer ... die CE-Zulassung für sein Navigator ® ... Dilon das Produkt jetzt europaweit vertreiben. ... Großteil der europäischen Länder ausgedehnt und ...
Breaking Medicine Technology:Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 2Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 3Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 4Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 5Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 6UK's Flagship Health & Safety Event Has Successful Inaugural Year in London 2UK's Flagship Health & Safety Event Has Successful Inaugural Year in London 3UK's Flagship Health & Safety Event Has Successful Inaugural Year in London 4Dilon erhält CE-Zulassung für sein Navigator-Gamma-Sondensystem 2
(Date:7/11/2014)... Europe is one of the largest consumers of micro ... area. The agricultural sector is a significant user of ... the total water use. The scale and importance of ... far from negligible in most northern ones. , In ... the water use in most countries, while in the ...
(Date:7/11/2014)... July 11, 2014 Pigments are insoluble ... mainly three functions namely protective coating, opacity, and coloring. ... materials that impart color to substances such as paper, ... the pigments, which upon application impart color to the ... oxide, carbon black, and hematite. , The coloring action ...
(Date:7/11/2014)... Using electronic health records to understand the best available ... is more efficient and less costly for taxpayers than ... Research led by Professor van Staa, carried out while ... Datalink (CPRD) and who is now based at The ... Health Technology Assessment ( HTA ) today (Friday ...
(Date:7/11/2014)... Mexico (PRWEB) July 11, 2014 Experience ... the Mayan Heritage Experience Package at the luxury all-inclusive ... the package include a guided on-site ecological family tour ... well as The Coba Mayan Encounter Tour at the ... Nohoch Muul, the tallest pyramid in the Yucatan and ...
(Date:7/11/2014)... July 11, 2014 WWTrek Human Outreach ... Kilimanjaro Kids Community in Tanzania. Opened in 2012, the KKC ... and two cows. HOP Founder, Dean Cardinale, started the KKC ... of the orphaned children he encountered while running treks on ... the children, who have all made astounding progress in school ...
Breaking Medicine News(10 mins):Health News:Europe Micro Irrigation System Market Driven by Growing Environmental Concerns and Decreasing Water Availability - New Report by MicroMarket Monitor 2Health News:Europe Micro Irrigation System Market Driven by Growing Environmental Concerns and Decreasing Water Availability - New Report by MicroMarket Monitor 3Health News:Americas Pigments Market Worth 1,099 Thousand MT by 2018 - New Report by MicroMarket Monitor 2Health News:Americas Pigments Market Worth 1,099 Thousand MT by 2018 - New Report by MicroMarket Monitor 3Health News:Better use of electronic health records makes clinical trials less expensive 2Health News:Explore the Aura and Mystery of the Yucatan’s Mayan Culture with New Hotel Package at AAA Five Diamond Grand Velas Riviera Maya 2Health News:Explore the Aura and Mystery of the Yucatan’s Mayan Culture with New Hotel Package at AAA Five Diamond Grand Velas Riviera Maya 3Health News:Human Outreach Project Sees Incredible Progress in the Kilimanjaro Kids Community 2
... have embarked on a multi-city tour offering passengers access to ... in New York, Boston and,Philadelphia, passengers in Washington, D.C. can ... *Passengers will be taken to any ... a maximum value of $25 per ride. , ...
... this phenomenon is tied to more aggressive disease, researchers say ... promote the growth of new nerves that are associated with ... that prostate cancer follows the growth of nerves, but this ... promote nerve growth, says a team at Baylor College of ...
... clots, researchers at the University of Oklahoma Health Sciences Center ... but seems to play a primary role in how cancer ... in recent issues of the journal Blood and ... research group at OU led by Patrick McKee first discovered ...
... behind the ravages of old age and in doing ... fighting cancer in younger persons can actually promote cancer ... biological cells stop dividing in response to stress or ... secretion of proteins that cause inflammation in neighboring cells ...
... Dec. 3 A patient who was surgically implanted,with ... promoted,by Medtronic, suffocated due to severe throat and neck ... and Page Perry, LLC who filed the lawsuit,in California ... The Complaint alleges, among other ...
... , ... (PRWEB) November 2, 2009 -- For the remainder of ... , to UK mainland addresses, excluding the highlands and islands, will be ... web site. , , ,Hyperdrug director Ben Watson says "Hyperdrug intends to ...
Cached Medicine News:Health News:The Makers of TYLENOL(R) Warming Liquids Offer Free 'Warming' Taxi Rides in Washington, D.C. 2Health News:Prostate Cancer Stimulates Nerve Growth 2Health News:Researchers discover new enzyme in cancer growth 2Health News:Cellular senescence a double-edged sword 2Health News:Cellular senescence a double-edged sword 3Health News:Cellular senescence a double-edged sword 4Health News:Cellular senescence a double-edged sword 5Health News:Medtronic, Inc. and Medtronic Sofamor Danek, USA, Inc. Sued for Product Liability and Promoting the Off-Label Use of Infuse(R) Bone Graft Product, According to Page Perry, LLC 2Health News:Beating the Credit Crunch with Hyperdrug.co.uk 2
The Sabre 2400 provides high power performance and key user features to meet today's demanding electrosurgical needs. It is an ideal general-purpose electrosurgical generator....
Designed to use all advantages of bipolar technique. C-2600 MP recommended to all specialties that uses the benefits of the bipolar techniques....
Finesse electrosurgical generator (100-120 VAC) utilizes a patented design that integrates the electrosurgical generator and smoke evacuation system into a single compact unit....
NS2000 Bipolar Generator provides precise coagulation without tissue sticking....
Medicine Products: