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."
BABY shares were trading at $13.87 in after-hours activity, down 2.2 percent.