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Natus Medical Incorporated
Natus Medical Announces Record 2008 First Quarter Financial Results
May 18th, 2008
Natus Medical Incorporated (Nasdaq:BABY) announced financial results for the three months ended March 31, 2008. For the first quarter ended March 31, 2008, revenue increased 36% to $36.9 million, compared to $27.1 million reported in the comparable quarter of the previous year. Net income increased 73% to $2.6 million, or $0.11 per diluted share, for the first quarter of 2008, compared with net income of $1.5 million, or $0.07 per share, for the first quarter of 2007. Jim Hawkins, President and Chief Executive Officer of the Company said, "I am very pleased with our results for the first quarter of 2008. We had an excellent first quarter led by strong sales...
Source: Medical Devices & Surgical Technology Week (2008-05-18)
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