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CardioDynamics

CardioDynamics Reports First Quarter 2009 Results

Published in Hospital Business Week, April 26th, 2009

CardioDynamics (NASDAQ: CDIC), the innovator and leader of Impedance Cardiography (ICG) technology, reported financial results for fiscal first quarter 2009. Financial Highlights of First Quarter 2009 Compared with First Quarter 2008 -- Net sales of $5.1 million, a 12% decrease from $5.8 million, but a 3%

increase excluding large Eastern European hospital group sales in the

first quarters of 2008 and 2009 -- ICG sensor revenue increased 12% to $1.7 million, representing 33% of

net sales, up from $1.5 million, or 26% of sales -- Gross margin as a percentage of net sales improved from 69% to 73% -- Reduced operating expenses by...

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