Alsius Corporation
Alsius Corporation Reports Second Quarter 2007 Results
Published in Physician Law Weekly, August 29th, 2007
Alsius Corporation (Nasdaq:ALUS), a worldwide leader in advanced patient temperature management therapies, reported financial results for its second quarter ended June 30, 2007. Revenue for the quarter increased 108% to $2.5 million, compared with $1.2 million in the second quarter of 2006. Gross margin increased to $0.3 million, up from $(0.3) million in the second quarter of 2006. Net loss for the second quarter of 2007 increased 11% to $5 million or $0.42 per share, from $4.5 million or $0.41 per share for the second quarter of 2006. The company's financial results are being reported for the first time since its listing on NASDAQ on July 12, 2007 as a result of its June 21 merger with...
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Source: Physician Law Weekly (2007-08-29)
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