Kinetic Concepts Inc. (NYSE: KCI) took a 7.7 percent bottom-line hit from its ongoing restructuring during the second quarter, as profits fell despite a 1.3 percent uptick in revenues.

The San Antonio-based wound care products maker posted net income of $53.6 million, or 75 cents per diluted share, on sales of $497.8 million during the three months ended June 30. That compares with net income of $58.1 million, or 82 cents per diluted share, on sales of $491.3 million during the same period last year.

KCI said the bottom-line slide came down to a $12.7 million pre-tax charge related to its restructuring. Excluding that charge, net earnings for the quarter were $72.5 million, or $1.01 per diluted share.

The company cut its full-year sales and earnings forecasts, saying it expects unfavorable currency exchange rates and a "mid-to-high single digit contraction" for its therapeutic support systems business. KCI predicted adjusted earnings per share of between $4.19 and $4.29, down from its prior forecast of $4.32 to $4.46. Full-year sales are now expected to be between $2.0 billion and $2.03 billion, rather than $2.05 billion to $2.09 billion.