Category: MassDevice.com Earnings Roundup
Shares of Elekta slide after the Swedish medtech maker reports lower profits for the 1st half of fiscal 2014.
Elekta (STO:EKTA B) shares are down today after the Swedish medtech maker reported lower profits for its fiscal 2014 1st half.
Orthofix gets a non-compliance notification from Nasdaq as the company delays its quarterly earnings report.
Orthofix (NSDQ:OFIX) said it was issued a notification from Nasdaq after not filing its quarterly report on time.
Sirona reported its 2013 fiscal year, where it fell bellow Wall Street expectations despite strong profits and revenues.
Sirona Dental Systems (NSDQ:SIRO) reported its FY 2013 4th quarter and its full year's earnings, where it took a hit, according to Wall Street estimates.
Texas medical device maker Cyberonics posted record sales during its 2nd quarter, increasing its expectations for the rest of the year.
Cyberonics (NSDQ:CYBX) saw some significant interest from Wall Street today after posting record sales for its 2nd quarter and increasing its projections for the rest of the year.
Company officials at Cyberonics discuss the company's Q2 2014 earnings call. The company reported profits of $13.9 million, or 50¢ per share, on sales of $70.1 million for the 3 months ended Oct. 25, for profit growth of 2.4% on sales growth of 11.4%.
Milestone Scientific raises $1.5 million from a stock sale, on top of reporting a strong 3rd quarter.
Milestone Scientific (OTC:MLSS) said its subsidiary, Milestone Medical, sold $1.5 million of stock to European investors, bringing its total European fundraising efforts to $3 million.
Bovie Medical's sales took a hit, causing its losses to widen further in its 3rd quarter.
Bovie Medical (NYSE:BVX) reported its earnings for the 3rd quarter, where it took a hit in both lower sales and widening losses.
Bovie Medical posted losses of $341,000, or -2¢ per share, on sales of $5.8 million for the 3 months ended Sept. 30. Losses jumped nearly 5000% on a sales decrease of 13.2% compared with the same period last year.