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Sales are flat, profits plunge in the 2nd quarter for Symmetry Medical
Symmetry Medical (NYSE:SMA) saw its 2nd-quarter profits plunge more than 28% on flat sales and lowered its outlook for the balance of the year. The Warsaw, Ind.-based medical device company posted...
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Biomet swings to Q4 black, pares fiscal 2013 losses
Biomet said it posted black ink during the 4th quarter and cut its losses for fiscal 2013, reporting a 1.0 % decline in large joint reconstruction sales. The privately held medical device company,...
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EDAP’s losses widen, sales increase in 2012
EDAP (NSDQ:EDAP) posted a slight bump in sales but a dramatic increase in losses for the fiscal year of 2012 The French device maker posted year-end losses of $9.7 million, or 55¢ per diluted share,...
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FDA accepts Edap’s Ablatherm PMA application
Edap (NSDQ:EDAP) said the FDA accepted its pre-market approval application for its Ablatherm ultrasound prostate cancer treatment, backed by data from its Enlight investigational device exemption...
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FDA approves 1st Type 2 diabetes drug | Wall Street Beat
The FDA approved a 1st-of-its-kind treatment for Type 2 diabetes, Johnson & Johnson‘s (NYSE:JNJ) Invokana, with the federal watchdog agency citing it as a pioneer in a new class of diabetes drug....
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Sanuwave slashes workforce by 65%, but pares losses by more than a third
Sanuwave Health (OTC:SNWV) laid off more than ⅓ of its workforce in its quest to pare its 2012 losses, according to a regulatory filing, shrinking from 28 employees to 10. The 64% workforce reduction...
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Kips Bay rises on FDA trial approval, despite losses in sales and revenue
Medical device maker Kips Bay Medical (NSDQ:KIPS) saw widening losses and sinking sales during its most recent quarter, but the company marked an important win with FDA approval to complete full...
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AtriCure slips on missed Q4, 2012 results
AtriCure (NSDQ:ATRC) reported wider losses for 2012 and missed Wall Street’s expectations with its Q4 and full-year results, sending shares down on The Street last week. The West Chester, Ohio-based...
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Diabetes: Insulet gains on strong Q4, lands FDA win
Medical device maker Insulet (NSDQ:PODD) got a boost from Wall Street last week after releasing its 4th quarter and full-year 2012 financial report. The news sent PODD shares up 5.5% in a single day...
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Hansen Medical’s Q4 profits rise on patent deal, but 2012 losses still widen
Hansen Medical (NSDQ:HNSN) managed to eke out a profit during the 4th quarter on the sale and licensing of some of its patents, but still posted wider losses for 2012, sending shares down on Wall...
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UPDATE: NxStage Medical CEO on its Wall-Street-beating Q4 results
NxStage Medical (NSDQ:NXTM) shares jumped nearly 8% today after the medical device company reported Wall-Street-beating results for the 4th quarter and 2012. The Lawrence, Mass.-based medical device...
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NxStage Medical surges nearly 8% after beating Wall Street
NxStage Medical (NSDQ:NXTM) shares jumped nearly 8% today after the medical device company reported Wall-Street-beating results for the 4th quarter and 2012. The Lawrence, Mass.-based medical device...
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Mako gets a Wall Street boost as sales soar, losses narrow in 2012
Surgical devices maker Mako Surgical (NSDQ:MAKO), maker of the Rio robotic surgery system, posted impressive boosts to its sales during the 4th quarter and full year of 2012. Mako saw increases in...
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Philips swings to 2012 profits on strong healthcare demand
Philips (NYSE:PHG) posted 2012 profits on a strong contribution from its healthcare business, its largest segment, sending share prices for the Dutch parent company up 1.7% today on Wall Street....
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HeartWare’s Q4, 2012 sales surge
Sales of its implantable heart pump surged during the 4th quarter and 2012 for HeartWare International (NSDQ:HTWR) after the medical device company won FDA approval for its flagship left ventricular...
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NuVasive gains on narrower Q4 losses, revenue beat
Shares of NuVasive Inc. (NSDQ:NUVA) closed up nearly 7% yesterday after the medical device company reported narrowing its 4th-quarter losses by some 73% and beat Wall Street’s sales expectations for...
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Medtronic’s Irish profits rise 119% | Wall Street Beat
One of the largest employers on the Emerald Isle, Medtronic (NYSE:MDT), saw its Irish subsidiary’s pre-tax profits surge 119% during its last fiscal year, on sales growth of 43%. The Fridley,...
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Wright Medical gains on swing to 2012 black
Shares of Wright Medical (NSDQ:WMGI) are up about 6% since the medical device company reported a return to annual profitability last week on strong 4th-quarter results. The Arlington, Tenn.-based...
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Volcano shares dive on lowered guidance
Shares of Volcano (NSDQ:VOLC) were down nearly 10% on Wall Street in late-day trading Friday, after the medical device company revised its sales and earnings guidance downwards, a day after a tough...
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Orthofix Q4 earnings boom but sales lag on challenges overseas
Medical device maker Orthofix (NSDQ:OFIX) posted huge growth for its bottom line in both the 4th quarter and full year of 2012, but reported sliding sales and projected slow growth for the year ahead....
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