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ATS Medical, Inc.
Medical device maker reports 28% increase in revenue
February 23rd, 2005
ATS Medical, Inc., (ATSI) released preliminary revenue results for the fourth quarter and full year ended December 31, 2004. Fourth quarter revenue is expected to increase more than 28% to approximately $7.2 million, compared with revenue of $5.6 million reported for the fourth quarter ended December 31, 2003. For the 12-month period ended December 31, 2004, revenue is expected to grow approximately 52% to $28.0 million compared with $18.5 million for the 12-month period ended December 31, 2003. These results are in line with the guidance the company provided when it reported its 2004 third quarter results on October 27, 2004. ...
Source: Healthcare Finance, Tax & Law Weekly (2005-02-23)
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