Navigation Links
Volcano Reports Record Revenue and GAAP Profitability for 2010
Date:2/23/2011

usiness demonstrated strong growth with year-over year revenue increases of 33 percent and 49 percent for the fourth quarter and all of 2010, respectively.

“We completed our distribution transition with Fukuda in Japan during the quarter and are now serving 95 percent of our business in the market on a direct basis, which is driving growth in both revenues and operating margin,” he added.

Huennekens noted that the commercial release of the VIBE RX Imaging Balloon Catheter in Europe initiated during the fourth quarter is going well. In addition, data from the PROSPECT study was published in the January 2011 edition of The New England Journal of Medicine. Data from the trial demonstrated that Volcano IVUS and VH (Virtual Histology) IVUS provided predictive lesion risk assessment in patients suffering multi-vessel acute coronary disease.

“In addition to our many accomplishments in 2010, we have continued to lay the foundation for long-term growth through Volcano’s one system, many solutions strategy. While continuing to achieve growth in our core markets, we will be introducing new offerings that address significantly larger markets than those we currently serve, while continuing to achieve gross margin and operating leverage to create improving profitability,” Huennekens stated.

Guidance for 2011

The company provided the following financial guidance for 2011.

On a consolidated basis, Volcano expects total revenues in fiscal 2011 of $347-$352 million, an increase of 18-20 percent over revenues in 2010. The expected revenues for 2011 include approximately $21 million from the industrial segment of Axsun Technologies, the company’s wholly-owned subsidiary.

Overall company gross margins are expected to be in the range of 64-65 percent. Net interest expense for 2011 is expected to be approximately $7.0 million, of which approximately $8.0 million is related to the company’s converti
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast
2. Final Superior Court Ruling on Trade Secret Lawsuit Favors Volcano Corporation and Its Axsun Subsidiary
3. Massachusetts Court Rules in Favor of Volcano and Against St. Jude Medical Subsidiary in Trade Secrets Case
4. Volcano Reports 35 Percent Increase in Third Quarter Revenues; Records $9.6 Million Improvement in Year-Over-Year GAAP Profitability
5. Volcano Drives Innovation Forward With Three New U.S. Product Launches at TCT 2010
6. Volcano Announces It Will End Distribution Agreement with Fukuda; Transition Enhances Companys Direct Selling Program in Japan
7. Volcano Corporation Files Counterclaim Asserting St. Jude Infringes Three Volcano Patents; Answers St. Judes Patent Infringement Claims
8. Volcano Corporation Prices $100 Million 2.875 Percent Convertible Senior Notes Due 2015
9. Volcano Corporation to Offer $100 Million Convertible Senior Notes Due 2015
10. Volcano Corporation Presentation at Canaccord Genuity Growth Conference to be Webcast
11. Volcano Will Strongly Defend Against St. Jude Lawsuit
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/2/2015)... 2, 2015  Champions Oncology, Inc. (OTC-PINK: CSBR), a ... and services to personalize the development and use of ... the $2 million convertible promissory notes with two of ... Dr. David Sidransky , chairman of ... from the confidence and commitment of our two senior ...
(Date:3/2/2015)... HOUSTON, TX , March 2, 2015 ... (TSX-V: EPI) today reported financial results for the first ... unless specified otherwise, are expressed in Canadian dollars and ... Summary Results ESSA recorded ... share) for the three months ended December 31, 2014 ...
(Date:3/2/2015)... , March 2, 2015 Attorney Advertising ... potential claims on behalf of purchasers of the ... the "Company") (NasdaqGM: VTAE -News).  Such investors are ... his investor relations coordinator Eitan Kimelman ... The investigation concerns whether Vitae Pharmaceuticals and certain ...
Breaking Medicine Technology:Champions Oncology Extends Convertible Debt Financing 2Champions Oncology Extends Convertible Debt Financing 3ESSA Pharma Inc. Reports First Quarter 2015 Financial Results 2ESSA Pharma Inc. Reports First Quarter 2015 Financial Results 3ESSA Pharma Inc. Reports First Quarter 2015 Financial Results 4SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Vitae Pharmaceuticals, Inc. 2
(Date:3/2/2015)... 02, 2015 ZoomCare announced today ... American healthcare. Zoom will expand its Portland on-demand ... and advanced care studios delivering urgent care, primary ... specialty care and outpatient surgery. With its new ... almost all healthcare needs outside of hospitalization. , ...
(Date:3/2/2015)... New York, New York (PRWEB) March 02, 2015 ... of Creative Recovery at Recovery Unplugged™—will be delivering ... You: A Singer/Songwriter's Perspective on the Art of ... on Addiction Disorders (NCAD) and Behavioral Healthcare Executive ... to his name, Mr. Supa’s songs have been ...
(Date:3/2/2015)... 02, 2015 This year, the National Multiple ... will provide opportunities for people across the country to unite, ... people with MS live their best lives. MS Awareness Week ... inspire others to join the Society’s vision of a world ... often disabling disease of the central nervous system, interrupts the ...
(Date:3/2/2015)... 2015 Regulatory Compliance Associates® Inc. ... regulatory and technical consulting, announces Mr. Seyed Khorashahi ... , Before joining RCA, Mr. Khorashahi had ... in all aspects of developing safety-critical medical devices. ... (Medtronic), Regulatory Compliance Associates Inc., Baxter Healthcare, and ...
(Date:3/2/2015)... (PRWEB) March 02, 2015 Many mainstream ... reported cases of measles. But how much of that ... vaccinated their toddlers to prevent measles, but whose youngsters ... educational lectures from 150 speakers comprised of professionals, clinicians, ... the recent news stories and questions about the body ...
Breaking Medicine News(10 mins):Health News:ZoomCare Announces 28-Location, On-Demand Neighborhood Health Campus 2Health News:ZoomCare Announces 28-Location, On-Demand Neighborhood Health Campus 3Health News:Richie Supa Announced as a Plenary Speaker at NCAD 2015 2Health News:Every Connection Counts During MS Awareness Week 2Health News:Every Connection Counts During MS Awareness Week 3Health News:Every Connection Counts During MS Awareness Week 4Health News:Regulatory Compliance Associates® Inc. Welcomes Seyed Khorashahi as Chief Operating Officer 2Health News:Growing List of Professionals Gather for World’s Most Comprehensive Autism Conference in Chicago, May 2015 2
... In what’s being called a novel finding, researchers using ... women with sensory conversion disorder, better known as// hysteria. ... understanding hysteria, an unexplained neurological disorder in which a ... medically wrong with them. ,The study ...
... a report, San Mateo Seniors quarantine 3 more medical facilities ... more this year than the// past. ,San Mateo ... which has already sickened dozens of people in a Belmont ... The doctors added that the outbreak is being reported ...
... some of Britain's leading scientists have supported the use ... and reduce deaths// from disease. But only if no ... speaking on the use of primates, Lead author of ... cases primates are essential to answer scientific questions because ...
... hands in a chemical explosion some 19 years ago had double ... its kind done in Spain, and worldwide first on a woman. ... this ten- hour operation. ,The leading surgeon Pedro Cavadas ... hospital next week and should get back full use of her ...
... the wane and excellent coverage during recent pulse polio ... government that the next few pulse polio rounds must ... are not being sufficiently immunized early enough. The group ... advised the government on strategies on polio eradication. ...
... to identify the cause of allergy due to consuming peanuts//. ... will be made to have peanut extracts. ,Peanut allergy, one ... in the last decade. Presently, 70 school going kids are affected ... parents to avoid peanuts in the child’s diet might be one ...
Cached Medicine News:Health News:Quarantine Hits 3 More Hospitals In San Mateo 2Health News:Britain Scientists Support the Use of Primates in Research 2Health News:Polio Outbreak on Wane: Next Rounds Must Focus on Youngest Children 2
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... 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: