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Hospital operator
Health Management Associates Inc.
said Monday its profit climbed 17 percent in the fourth quarter, aided by a large gain from early debt retirement.
The company reported net income of $14.5 million, or 6 cents per share. That compares with $12.5 million, or 5 cents per share, a year earlier. Excluding one-time items, Health Management Associates
) said it earned 7 cents per share from continuing operations. Revenue grew 3 Read the rest of this entry »
* After items, EPS 59 cts vs analyst estimate of 60 cts
* Revenue up 11 pct
(Adds outlook, share price)
LOS ANGELES, Feb 19 (Reuters) – Hospital operator Community
Health Systems Inc (
CYH.N
) on Thursday posted a fourth-quarter
profit, compared with a year-ago loss, helped by a 2 percent
increase in admissions due mainly to expansion of its hospital
network.
The Franklin, Tennessee-based company posted a net profit of
$59.9 million, or Read the rest of this entry »
Feb. 11 (Bloomberg) –
the world’s largest
maker of drugs for rare genetic disorders, said fourth-quarter
profit rose 9.8 percent on sales of Myozyme for the rare genetic
disorder Pompe disease.
Net income increased to $86.7 million, or 31 cents a share,
from $78.9 million, or 29 cents, a year earlier, the Cambridge,
Massachusetts-based company said today in a statement. Earnings
excluding some costs beat by 2 cents the average
of
analysts Read the rest of this entry »
Merit Medical Systems Q4 Profit Rises, Yet Falls Below Estimate – Update
(RTTNews) -
Thursday, Merit Medical Systems, Inc. (MMSI:
), a manufacturer of proprietary disposable devices for healthcare industry, reported a rise in fourth-quarter profit compared to the corresponding quarter last year. However, results for the quarter fell short of analysts’ estimates.
The South Jordan, Utah-based company reported Read the rest of this entry »
Feb. 9 (Bloomberg) –
, Australia’s
second-largest health-care company by market value, said first-
half profit fell 44 percent on borrowing costs tied to the
purchase of Symbion Health Ltd.
fell to A$11.5 million in the six months to Dec.
31, from A$20.4 million a year earlier, Sydney-based Primary
Health said today in a statement. Excluding the borrowing costs,
first-half profit rose 83 percent to A$37.4 million.
Primary paid A$2.1 billion Read the rest of this entry »
(RTTNews) -
China Medical Technologies Inc.(CMED:
) announced that its second quarter net income was RMB117.7 million or US$17.3 million, up from RMB77.4 million in the year ago quarter. Net income for the quarter was RMB4.13 per ADS or US$0.61 per ADS, compared to RMB2.88 per ADS in the comp able quarter of last year.
Adjusted net income was RMB154.3 million or US$22.7 million, up from RMB105.1 million in the Read the rest of this entry »
(RTTNews) -
Advanced Medical Optics, Inc. (EYE:
) reported GAAP net income of $7.1 million, or $0.11 per share, compared to a loss of $25.9 million or $0.43 per share in the year-ago quarter.
The latest quarter results include restructuring charges of $11.0 million, $5.8 million unrealized gain on derivative instruments and a $1.1 million gain on an investment. Last year’s third quarter results include $5.3 million Read the rest of this entry »
* Says comfortable with Wall Street view for Q4, 2008
* Sees double-digit earnings growth in 2009
(Adds details on performance, outlook, stock history)
NEW YORK, Oct 30 (Reuters) – Consumer products company
Colgate-Palmolive Co (CL.N:
,
,
,
) posted a slightly
higher-than-expected quarterly profit on Thursday, aided by
price increases and demand in emerging markets.
Analysts have been watching closely to see whether
cash-strapped consumers Read the rest of this entry »
(RTTNews) -
ICU Medical Inc. (ICUI:
) announced that its fourth quarter net income was $9.0 million, or $0.61 per share, compared to net income of $6.0 million or $0.41 per share, in the fourth quarter of 2007.
Fourth quarter of 2008 revenue increased 24.6% to $56.7 million, compared to revenue of $45.5 million in the same period last year.
For the full fiscal year of 2009, the company expects to generate revenue Read the rest of this entry »
posted earnings of $104 million, or 22 cents a share, for the third quarter. That is up from a net loss of $59 million, or 12 cents a share, during the same quarter last year.
Dallas-based Tenet (NYSE: THC) attributes its third quarter income rise to pretax gains on investment sales, valued at $140 million.
During the quarter, the hospital operator experienced 1.7 percent growth in same-hospital total admissions, 2 percent growth in same-hospital Read the rest of this entry »