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Enpath Medical reports 22% increase in third quarter revenues

Published in Medical Patent Law Weekly, November 22nd, 2006

Enpath Medical, Inc. (NPTH), a developer and manufacturer of proprietary products for blue-chip medical device companies operating worldwide, reported improved third quarter results.

Third quarter financial highlights included:

- A 22% increase in revenues to $9.3 million compared with $7.7 million for the same quarter in 2005.

- Net income of $371,000 or $.06 per diluted share for the third quarter, compared with net income of $237,000 or $.04 per diluted share for the same quarter of 2005. Net income in the current quarter included tax benefits recognized of approximately $210,000.

- A 41% increase in...

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