Navigation Links
Thoratec Reports Third Quarter Fiscal 2011 Results
Date:11/1/2011

ibed later in this press release, was 71.6 percent versus 68.9 percent a year ago. The increase in non-GAAP gross margin was due to favorable foreign exchange and pump to non-pump mix.

Operating expenses on a GAAP basis in the third quarter of 2011 were $43.9 million versus $35.9 million a year ago. On a non-GAAP basis, operating expenses in the third quarter of 2011 were $36.3 million versus $30.8 million in the third quarter a year ago. Operating expenses on a non-GAAP basis are described later in this press release. The year-over-year increase in non-GAAP operating expenses was due primarily to the addition of the Levitronix Medical business, increased spending on product and market development initiatives, and continued expansion of our research and development and field organizations.  

On a GAAP basis, other income was $280,000 in the third quarter of 2011 versus $1.8 million of other expense in the same period a year ago. On a non-GAAP basis, other income was $280,000 versus other income of $354,000 a year ago. Other income on a non-GAAP basis is described later in this press release.

The company's GAAP effective tax rate for the third quarter of 2011 was 32.2 percent versus 37.4 percent a year ago. The non-GAAP tax rate, which is described later in this press release, was 32.9 percent versus 35.5 percent in the third quarter of 2010. The decrease in the GAAP and non-GAAP tax rates was due to a one-time California research and development credit and favorable return to provision adjustments.  In addition, the company was unable to recognize federal research and development credits in the third quarter of 2010 due to the absence of enacted legislation.

Cash and investments at the end of the third quarter of 2011 were $232.6 million versus $298.5 million at the end of second quarter and $469.5 million at the end of fiscal 2010. The decline in cash and investments from the prior quarter reflects the acquisition of Levitronix
'/>"/>

SOURCE Thoratec Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine technology :

1. Thoratec Announces FDA Approval of HeartMate II(R) for Bridge-To-Transplantation
2. Thoratec Says Interim Data Analysis Demonstrates Statistical Superiority for the HeartMate II(R) in Destination Therapy Trial
3. Thoratec Reports 14 Percent Growth in Cardiovascular Division Sales as Third Quarter Revenues Increase Nine Percent
4. Thoratec Reports a 19 Percent Increase in Annual Revenues as Cardiovascular Division Revenues Increase 30 Percent in 2009
5. Thoratec Announces Acquisition of Innovative Catheter-Based Heart Pump Technology
6. Thoratec Schedules Fiscal 2009 Year-End Conference Call, Webcast
7. Thoratec Presentation at Canaccord Adams Conference to be Webcast
8. Thoratec Announces FDA Approval of HeartMate II(R) for Destination Therapy
9. Thoratec Investor Meeting to Review HeartMate II (R) Destination Therapy Trial Data to Be Webcast
10. Thoratec Presentation at Piper Jaffray Conference to be Webcast
11. Thoratec Presentation at Raymond James Conference to Be Webcast
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/1/2015)... 2015 CANTEL MEDICAL CORP. (NYSE: CMN ) ... Officer, will be presenting at the Bank of America Merrill ... in Las Vegas, NV. The formal ... AM PT/1:00 PM ET. In addition, management will be available ... An audio webcast will be available via the investor relations ...
(Date:5/1/2015)... Research and Markets ( http://www.researchandmarkets.com/research/63gppw/asian_dermatology ) has ... by Type, by End User - Forecast to 2019" ... market is estimated to grow at a CAGR of 11.3% ... a larger share in the Dermatology devices market around 28.8% ... Asian Dermatology Devices market holds a high potential for growth ...
(Date:5/1/2015)... , May 01, 2015 Research and Markets ... of the "US ACO IT Spending Outlook 2018" ... expected that number of lives covered by ACO would ... In this report, the ACO IT spending has been ... spending on software and spending on services. Our research ...
Breaking Medicine Technology:Asian Dermatology Devices (Treatment & Diagnostic) Market by Type, by End User - Forecast to 2019 2Asian Dermatology Devices (Treatment & Diagnostic) Market by Type, by End User - Forecast to 2019 3United States ACO IT Spending Outlook 2014-2018 2
... There are more than 374,000 smokers in the state of Kansas and ... July 1 , they now have an added incentive to quit with the ... as a result of the Kansas Indoor Clean Air Act.(2) , ... Research shows that policy changes, like the new statewide smoking ban, may ...
... 6 Caraco Pharmaceutical Laboratories, Ltd. (NYSE Amex: ... 0.05%. This product was recently approved by the US ... New Drug Application (ANDA). This sterile azelastine hydrochloride ophthalmic ... from Medpoint Pharmaceuticals, which has annual sales of approximately ...
Cached Medicine Technology:Kansas Statewide Smoking Ban May Prompt Smokers to Quit 2Kansas Statewide Smoking Ban May Prompt Smokers to Quit 3Kansas Statewide Smoking Ban May Prompt Smokers to Quit 4Caraco Pharmaceutical Laboratories, Ltd. Markets Generic Optivar® 2
(Date:5/1/2015)... May 01, 2015 Pioneer Millworks, the ... the latest in their reclaimed wood products at the ... Jacob Javits Center in NYC this May. Their newest ... bring much anticipated texture and color to North America's ... explosion of texture and color in the design world ...
(Date:5/1/2015)... 01, 2015 Royal River Natural Foods, ... reports on a new study that found two natural ... and improved physical function as well as standard drug ... of the knee. , The report is part of ... Well Being® ,” which Royal River Natural Foods publishes ...
(Date:5/1/2015)... (PRWEB) May 01, 2015 TROY Healthcare ... Cerner Southeast Regional User Group (RUG) Conference in Atlanta, ... Southeast Regional User Group Conference provides a forum for ... who support all aspects of electronic medical record operations, ... Cerner software applications. , In addition to sponsoring the ...
(Date:5/1/2015)... (PRWEB) May 01, 2015 Hope For ... support of Hope For The Warriors® and military families. ... to support Hope For The Warriors®, a national nonprofit ... family unit, and restoring hope for our service members ... signings, All American Ford collected and matched small autograph ...
(Date:5/1/2015)... CA (PRWEB) May 01, 2015 The ... genetic makeup and the interplay of genes with one ... with developments can be daunting. , LabRoots, the premier ... clinical diagnostics professionals, will soon host its annual conference ... At BioConference Live Genetics and Genomics 2015 , ...
Breaking Medicine News(10 mins):Health News:Intensely Textured Reclaimed Wood to be Unveiled at ICFF in NYC by Pioneer Millworks 2Health News:Intensely Textured Reclaimed Wood to be Unveiled at ICFF in NYC by Pioneer Millworks 3Health News:New Study Finds Nutrients Ease Arthritis Pain, Retailer Reports 2Health News:TROY Healthcare to Exhibit at the Cerner Southeast Regional User Group Conference 2Health News:TROY Healthcare to Exhibit at the Cerner Southeast Regional User Group Conference 3Health News:All American Ford Presents Donation to Nonprofit Hope For The Warriors 2Health News:Recent Advances in Genetics and Genomics: A BioConference Live 2015 Virtual Event 2Health News:Recent Advances in Genetics and Genomics: A BioConference Live 2015 Virtual Event 3
... geneticist at the University of Edinburgh, Scotland, had announced on ... called Uqcrc1 in the brains of mouse used as models ... powerhouses of the cells to work overtime. Dr. Bird stated ... been linked to Rett Syndrome. The co-author of the study ...
... that the male survivors of childhood sexual abuse ... understood// many health care practitioners as well as ... male and female childhood sexual survivors usually exhibit ... encounters with health care professionals, there are gender ...
... Mental health experts have said that New Orleans seems ... post-traumatic stress// disorder of an intensity rarely seen in ... that existed before hurricane Katrina struck, 10 months ago. ... has almost collapsed completely leaving the police department to ...
... Celiac Sprue Research Foundation have claimed to discover a ... is an inherited inflammatory disorder of the small intestine ... The two research studies that have been published in ... the way for clinical testing with an oral enzyme ...
... recalled almost around 20,000 chocolate bars in Britain as ... bars may contain traces of salmonella. ,A ... minute traces of salmonella, which though quite are significantly ... for any hazards. The spokesperson had also clarified that ...
... announced their plans to use a protein that has been ... ice creams using genetically// modified technology. ,The parent ... them to develop ice creams that are of low-calorie, and ... technology to make newer versions of their best selling products ...
Cached Medicine News:Health News:Researchers Have Linked Rett Syndrome to Mitochondrial Gene 2Health News:Researchers Have Linked Rett Syndrome to Mitochondrial Gene 3Health News:Sexually Abused Males Found Struggling In heir relations with Healthcare Providers 2Health News:Scientists Discover Non-dietary Therapy For Celiac Diseases 2Health News:Wall's To Develop Low-fat Ice-cream Using Fish Blood 2
An enzyme linked immunoassay (ELISA) for the detection and semiquantitation of IgG, IgA or IgM anticardiolipin antibodies, as an aid in assessing the risk of thrombosis in individuals with Systemic L...
The ImagingPlanet 70 mm Surgical Microscope Adapter. Superior optical quality and precise engineering make this 70 mm focal length adapter an excellent decision for use with your Zeiss surgical micr...
The ImagingPlanet 55 mm surgical microscope video adapter: superior optical quality and precise engineering make this 55mm focal length adapter an excellent decision for use with your Zeiss surgical ...
The ImagingPlanet 55 mm surgical microscope video adapter: superior optical quality and precise engineering make this 55mm focal length adapter an excellent decision for use with your Leica surgical ...
Medicine Products: