Cambridge Heart, Inc.

Cambridge Heart reports 21.9% decrease in revenue

Published in Cardiovascular Business Week, March 14th, 2006

Cambridge Heart, Inc., (CAMH) reported revenue of $1,089,200 for the quarter ended December 31, 2005, a decrease of $305,600 or 21.9% compared to revenue of $1,394,800 in the same period in 2004.

Sequentially, revenue increased $171,900 or 18.7% from the $917,300 reported for the quarter ended September 30, 2005. The operating loss for the fourth quarter was $615,600, a decrease of $98,900 or 13.8% compared to $714,500 in 2004. The net loss for the quarter was $562,500 or $0.01 per share compared to a loss of $3,291,700 or $0.10 per share, for the same quarter last year.

Last year's net loss included a non-cash charge of $2,603,900, or $0.08 per...

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 Cardiovascular Business Week

Source: Cardiovascular Business Week (2006-03-14)

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