Angeion Corporation
Angeion Corporation Reports Second Quarter Results
Published in Physician Law Weekly, June 18th, 2008
For the 2008 second quarter, Angeion announced a net loss of $373,000, or $0.09 per diluted share, on revenues of $7.3 million. This compares to 2007 second quarter net income of $453,000, or $0.11 per diluted share, on revenues of $10.0 million. Angeion's 2008 second quarter revenues were adversely affected by $1.9 million compared to the 2007 second quarter due to the conclusion of a customer's nonrecurring clinical trial program.
The Company reported that its gross margin rose to 52.4 percent in the fiscal 2008 second quarter, up from 50.5...
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Source: Physician Law Weekly (2008-06-18)
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