Finance

Medical products manufacturer announces 2003 financial results

Published in Cancer Weekly, March 9th, 2004

Rita Medical Systems, Inc., (RITA) announced that higher sales and lower operating expenses led to improved bottom-line results for its fourth quarter and year ended December 31, 2003, compared to the year earlier period.

Total sales for the 2003 fourth quarter were $4.2 million, up 13% from total sales of $3.7 million for the year-earlier period.

The net loss for the fourth quarter of 2003 was $2.2 million, or a $0.12 loss per share, compared to a net loss of $3.1 million, or $0.20 loss per share, for the fourth quarter of 2002. Operating expenses declined 15% in the 2003 fourth quarter to $4.8 million from $5.7 million in the prior year...

Want to see the full article?

Purchase this article for only $3.00

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Cancer Weekly

Source: Cancer Weekly (2004-03-09)

NewsRx is Social

Top Medical Newsletters

Awards

Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

Google 2010 PageRank: #2 Among Top Health News and Media Publications
Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry