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:
Hill-Rom profits vault 78 percent
Hill-Rom Holdings Inc. (NYSE:HRC) posted net income of $35.4 million, or 55 cents per diluted share, on revenue of $374.2 million during the three months ended Dec. 31. That compares with net income of $19.9 million, or 31 cents per diluted share, on revenue of $355.3 million during the same period last year.
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Varian Medical Systems profits jump 22 percent
Varian Medical Systems Inc. (NYSE:VAR) reported profits of $96.5 million, or 80 cents per diluted share, on revenue of $579.9 million during the three months ended Dec. 31. That compares with profits of $78.8 million, or 63 cents per diluted share, on revenue of $540.9 million during the same period last year.
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SurModics dips into the red ink
SurModics Inc. (NSDQ:SRDX) reported a loss of $377,000, or 2 cents per diluted share, on sales of $15.2 million during the three months ended Dec. 31. That compares with net income of $1.9 million, or 11 cents per diluted share, on sales of $17.4 million during the same period last year.
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Span-America’s income shrinks 37 percent
Span-America Medical Systems Inc. (NSDQ:SPAN) recorded a profit of $716,536, or 25 cents per diluted share, on sales of $11.7 million during the three months ended Jan. 1. That compares with a profit of $1.1 million, or 40 cents per diluted share, on sales of $12.2 million during the same period last year.
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Getinge Group Q4 report 2010
Getinge AB (STO:GETIB) posted profits of SEK 2.28 billion, or SEK 3.25 per share, on sales of SEK 22.17 billion during the year ended Dec. 31. That compares with profits of SEK 1.91 billion, or SEK 2.75 per share, on sales of SEK 22.82 billion last year.
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