Shares of Natus Medical Inc. (NSDQ:BABY) closed down 2.3 percent at $14.18 after the children’s medical products maker issued its first-quarter and fiscal 2011 guidance.
San Carlos, Calif.-based Natus said it expects to post adjusted earnings per share of 77 cents to 80 cents on revenues of between $247 million and $250 million during 2011. First-quarter adjusted EPS are pegged at a range of 10 cents to 12 cents, on revenues of $56.5 million to $58.5 million.
Natus said its non-GAAP EPS estimates exclude amortization expenses "associated with acquisition-related intangible assets" and restructuring expenses from "recent acquisitions."
That likely includes the October buyout of Argentinian newborn baby care device maker Medix and the July 2009 purchase of Hawaii Medical LLC in July 2009.
BABY shares were trading at $13.87 in after-hours activity, down 2.2 percent.