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:
LabCorp earnings dip, sales rise 11 percent
Laboratory Corp. of America Holdings (NYSE:LH) reported net earnings of $135.1 million or $1.26 per diluted share, on sales of $1.30 billion during the three months ended Dec. 31. That compares with net earnings of $145.8 million, or $1.33 per diluted share, on sales of $1.17 billion during the same period last year.
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Electromed profits jump on 47 percent sales increase
Electromed Inc. (NSDQ:ELMD) reported profits of $291,873, or 4 cents per diluted share, on sales of $4.7 million during the three months ended Dec. 31. That compares with profits of $35,294 million, or 1 cent per diluted share, on sales of $3.2 million during the same period last year.
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Winner Medical reports mixed results
Winner Medical Group Inc. (NSDQ:WWIN) reported profits of $3.3 million, or 14 cents per diluted share, on sales of about $33.7 million during the three months ended Dec. 31. That compares with profits $3.9 million, or 17 cents per diluted share, on sales of $29.8 million during the same period last year.
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Hanger Orthopedic sees healthy sales increase, but profits dive
Hanger Orthopedic Group Inc. (NYSE:HGR) reported profits of about $745,000 or 2 cents per diluted share, on revenue of $226.5 million during the three months ended Dec. 31. That compares with a profit of $11.9 million, or 37 cents per diluted share, on revenue of $205.1 million during the same period last year.
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ThermoGenesis losses ease
ThermoGenesis Corp. (NSDQ:KOOL) reported a loss of $486,000, or 3 cents per diluted share, on sales of $5.9 million during the three months ended Dec. 31. That compares with a loss of $1.5 million, or 10 cents per diluted share, on revenue of $6.0 million during the same period last year.
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Wright Medical profits increase more than 300 percent
Wright Medical Group Inc. (NSDQ:WMGI) reported net income of $8.9 million, or 22 cents per diluted share, on revenue of $138.3 million during the three months ended Dec. 31. That compares with a profit of $2.2 million, or 6 cents per diluted share, on revenue of $129.9 million during the same period last year.
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SeraCare income grows despite sales decrease
SeraCare Life Sciences Inc. (NSDQ:SRLS) recorded a profit of $1.6 million, or 8 cents per diluted share, on sales of $10.5 million during the three months ended Dec. 31. That compares with a profit of $1.3 million, or 7 cents per diluted share, on sales of $11.3 million during the same period last year.
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