Earnings Announcements
Carefx Corporation
Carefx Corporation announced revenue results for the year 2008. The company announced 200% revenue growth in 2008.
ZOLL Medical Corp.
ZOLL Medical Corp. announced earnings results for the first quarter ended December 28, 2008. The company announced that revenues for the first quarter of fiscal 2009 were $89,462,000, compared to revenues in the first quarter of last year of $93,015,000, a decline of 4%. Prior-year revenues included approximately $8 million related to a contract with the State of California which was not expected to reoccur. There was a negative foreign exchange impact on revenue of almost $3 million as compared to first quarter of 2008. Net income was $2,894,000 for the quarter, compared to $3,180,000 in the prior year. Diluted e arnings per share were $0.14, compared to $0.15 in the prior year.
St. Jude Medical Inc.
St. Jude Medical Inc. reported unaudited earnings results for the third quarter and nine months ended September 27, 2008. For the quarter, the company has posted net sales of $1.084 billion in the third quarter of 2008, an increase of 17% compared to the $927 million in the third quarter of 2007.
Philips Electronics
Philips Electronics reported earnings results for the third quarter of 2008. For the quarter, the company reported a 71% drop in core earnings as a charge for asbestos claims and restructuring costs weighed on profit.
Ingenix, Inc
Ingenix, Inc. announced earnings results for the third quarter ended September 30, 2008.
HEI Inc.
HEI Inc. announced earnings results for fiscal year ended August 30, 2008.
Hewlett-Packard
Hewlett-Packard plans to reduce its German staff by 1,400 over the next two years. As many as 1,150 jobs to be cut in Germany will be at US IT services provider Electronic Data which Hewlett-Packard recently acquired.
Fonar Corp.
Fonar Corp. announced earnings results for the full year ended June 30, 2008.
ACIST Medical Systems, Inc
ACIST Medical Systems, Inc. announced the opening of expanded corporate headquarters in Eden Prairie.
