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:
Vascular Solutions profits rocket 838 percent
Vascular Solutions Inc. (NSDQ:VASC) reported net income of $15.0 million, or 90 cents per diluted share, on revenue of $20.9 million during the three months ended Dec. 31. That compares with a profit of $1.6 million, or 10 cents per diluted share, on revenue of $18.2 million during the same period last year.
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IDEXX sales get a 5 percent bump
IDEXX Laboratories Inc. (NSDQ:IDXX) posted net income of $36.4 million, or 62 cents per diluted share, on revenue of $283.8 million during the three months ended Dec. 31. That compares with net income of $31.0 million, or 51 cents per diluted share, on revenue of $270.3 million during the same period last year.
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HOYA’s increased profits follow sales
HOYA Corp. (TYO:7741) reported profits of ¥13.2 billion, or ¥30.62 per share, on revenue of ¥108.45 billion during the three months ended Dec. 31. That compares with profits of ¥11.8 billion, or ¥27.24 cents per diluted share, on revenue of ¥106.88 billion during the same period last year.
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Encision boosts profits despite lower sales
Encision Inc. (OTC:ECIA) reported profits of $234,000, or 4 cents per diluted share, on sales of $2.9 million during the three months ended Dec. 31. That compares with a profit of $149,000, or 2 cents per diluted share, on sales of $3.3 million during the same period last year.
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Kensey Nash profits dip on lower sales
Kensey Nash Corp. (NSDQ:KNSY) reported net income of $3.3 million or 38 cents per diluted share, on sales of $17.4 million during the three months ended Dec. 31. That compares with net income of $3.7 million, or 32 cents per diluted share, on sales of $19.1 million during the same period last year.
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Medical Action Industries earnings decrease in spite of 43 percent sales increase
Medical Action Industries Inc. (NSDQ:MDCI) recorded a profit of $2.3 million, or 14 cents per diluted share, on sales of $104.5 million during the three months ended Dec. 31. That compares with a profit of $4.0 million, or 25 cents per diluted share, on sales of $73.2 million during the same period last year.
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Kinetic Concepts profits rise on modest sales increase
Kinetic Concepts Inc. (NSDQ:KCI) posted net income of approximately $74.0 million, or $1.03 per diluted share, on sales of $527.5 million during the three months ended Dec. 31. That compares with net income of $66.3 million, or 93 cents per diluted share, on sales of $526.8 million during the same period last year.
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Parexel profits jump on revenue rise
Parexel International Corp. (NSDQ:PRXL) posted profits of $16.8 million, or 28 cents per diluted share, on revenues of $364.1 million during the three months ended Dec. 31. That compares with profits of $3.5 million, or 8 cents per share, on revenues of $338.0 million during the same period last year.
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Techne profits, revenues see modest increases
Techne Corp. (NYSE:TECH) reported profits of $26.5 million, or 71 cents per diluted share, on sales of $67.7 million during the three months ended Dec. 31. That compares with profits of $24.7 million, or 66 cents per diluted share, on sales of $65.5 million during the same period last year.
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