MassDevice keeps a close eye on public medical device companies, tracking their quarterly sales and earnings reports. For the most recent filings, check out our Earnings Roundup, where we collect each quarter’s reports.
Here’s a quick rundown of a few releases over the past couple days:
Alcon profits, revenues jump 10 percent
Alcon Inc. (NYSE:ACL) reported profits of $521 million or $1.71 per diluted share, on sales of $1.81 billion during the three months ended Dec. 31. That compares with profits of $458 million, or $1.51 per diluted share, on sales of $1.72 million during the same period last year.
Full-year profits were $2.21 billion, or $7.27 per diluted share, on sales of $7.18 billion. That compares with profits of $2.01 billion, or $6.66 per diluted share, on sales of $6.50 billion in the previous year.
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Echo results mixed for 2010
Echo Therapeutics Inc. (OTC:ECTE) reported full-year losses of $4.3 million, or 15 cents per diluted share, on sales of $428,460. That compares with losses of $13.5 million, or 61 cents per diluted share, on revenue of $1.3 million in 2009.
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Advanced Cell Technology falls deeper into the red
Advanced Cell Technology Inc. (OTC:ACTC) reported net losses of $41.4 million, or 3 cents per deluted share, on sales of $109,570 during the three months ended Dec. 31. That compares with profits of $12.9 million, or 2 cents per share, on sales of $630,867 during the same period in 2009.
Full-year losses were $54.4 million, or 4 cents per diluted share, on sales of $725,044. That compares with losses of $36.8 million, or 7 cents per diluted share, on sales of $1.4 million in 2009.
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Sorin Group reports better annual performance
Sorin Group reported a full-year net profit of €39.1 million ($55.5 million) on consolodated revenues of €745.8 million ($1.06 billion). That compares with a profit of €23.2 million ($33.3 million) on sales of €711.0 million ($1.02 billion) in 2009.
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MedQuist annual profits rocket
MedQuist Holdings Inc. (NSDQ:MEDH) reported net income of $2.1 million, or 4 cents per diluted share, on revenue of $110.5 million during the three months ended Dec. 31. That compares with a profit of $962,000, or 1 cent per diluted share, on revenue of $85.8 million during the same period in 2009.
Full-year profits were $8.5 million, or 16 cents per diluted share, on revenue of $417.3 million. That compares with profits of $735,000, or a loss of 6 cents per diluted share, on revenue of $353.9 million in 2009.
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Medidata Solutions sales increase 19 percent
Medidata Solutions (NSDQ:MDSO) reported profits of $13.3 million, or 55 cents per diluted share, on sales of $47.4 million during the three months ended Dec. 31. That compares with a profit of $1.74 million, or 7 cents per diluted share, on sales of $37.5 million during the same period last year.
Full-year profits were $22.8 million, or 95 cents per diluted share, on revenue of $166.5 million. That compares with profits of $5.2 million, or 25 cents per diluted share, on revenue of $140.4 million in 2009.
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HemaCare dips into the red
HemaCare Corp. (OTC:HEMA) reported losses of $197,000, or 2 cents per diluted share, on sales of $7.0 million during the three months ended Dec. 31. That compares with a profits of $195,000, or 2 cents per diluted share, on sales of $8.2 million during the same period last year.
Full-year losses were $796,000, or 8 cents per diluted share, on revenue of $30.3 million. That compares with profits of $855,000, or 9 cents per diluted share, on revenue of $36.4 million in 2009.
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Shamir profits narrow
Shamir Optical Industry Ltd. (NSDQ:SHMR) reported profits of $2.8 million, or 16 cents per diluted share, on sales of $39.1 million during the three months ended Dec. 31. That compares with profits of $3.3 million or 20 cents per diluted share, on sales of $37.1 million in the same period last year.
Full-year profits were $14.8 million, or 87 cents per diluted share, on revenue of $158.0 million. That compares with profits of $12.8 million, or 77 cents per diluted share, on revenue of $142.4 million in 2009.
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