Navigation Links
Cyberonics Reports Operating Profit for Third Quarter FY08 and Announces Share Repurchase Program
Date:2/20/2008

Epilepsy Sales Increase Significantly

HOUSTON, Feb. 20 /PRNewswire-FirstCall/ -- Cyberonics, Inc. (Nasdaq: CYBX) today announced results for the fiscal year 2008 third quarter ended January 25, 2008.

Financial highlights

Net sales

Net sales for the third quarter of fiscal 2008 were $29.3 million, compared to $28.9 million in the second quarter of fiscal 2008 and $31.7 million in the third quarter of fiscal 2007. Net sales for the nine months ended January 25, 2008 were $87.3 million, compared to $99.5 million in the comparable period of the prior year; net sales in fiscal 2008 attributable to the epilepsy indication of $82.6 million have increased by 9.4% over fiscal 2007.

U.S. net sales for the third quarter of fiscal 2008 declined to $22.2 million, compared with $26.6 million in the comparable period of fiscal 2007. Overall, U.S. net sales declined due to the continued reduction in the number of VNS Therapy Systems attributable to treatment-resistant depression ("TRD"), following both the preliminary and final non-coverage determinations by the Centers for Medicare and Medicaid Services in February 2007 and May 2007, respectively; however, net sales attributable to the epilepsy indication increased by approximately 13% over the comparable prior year quarter.

International net sales increased by 36% to a record $6.9 million, up from the $5.1 million reported in the third quarter of fiscal 2007, due primarily to unit growth of 20%, the impact of foreign currency movements and improved pricing.

Net sales include $167,000 relating to the license fee of $9.5 million received during the third quarter. It is anticipated that this license fee will be recognized at a quarterly rate of $373,000 through the end of fiscal 2014. The unamortized amount is reflected as deferred revenue in long-term liabilities.

Gross margin

The gross margin for the third quarter of fiscal 2008 represente
'/>"/>

SOURCE Cyberonics, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Cyberonics Licenses Obesity-Related Patents
2. Cyberonics Announces Conference Call to Discuss FY08 Q3 Financial Results
3. New Study Reports High Injury Rates for Hotel Workers, Even Higher Rates for Women and Nonwhites
4. Haemacure Reports Third Quarter 2007 Results
5. First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion
6. Consumer Reports Analysis: Drugs for Nerve Pain, Fibromyalgia Effective, But Not Always Best
7. MDS Reports Third Quarter 2007 Results
8. Allied Healthcare Reports Strong Fourth Quarter, Flat Net Income for Fiscal 2007 vs. 2006
9. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
10. NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
11. Blue Cross and Blue Shield of Florida Reports Eighteenth Consecutive Year of Positive Performance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/27/2015)... Approximately 300 advocates participated in ... Lobby Day to lobby for physical education, active ... Everlast Climbing was especially interested in voicing ... would strengthen physical education programs by adopting new ... measures to strengthen physical education in schools. , ...
(Date:3/27/2015)... Since September 2014, the country singer has been ... having been in retirement for a period of 13 years. ... return to touring, and concert events have been booking quickly ... sell out for the two shows recently scheduled for May ... the inventory of discounted Garth Brooks tickets for sale. , ...
(Date:3/27/2015)... (PRWEB) March 27, 2015 Canadian ... the safe prescribing and utilization of medical cannabis ... Canada.MarijuanaDoctors.com’s network of doctors and clinics dedicated to ... MarijuanaDoctors.com, a trusted gateway for patients searching for ... and territories, recently launched their sub domain for ...
(Date:3/27/2015)... RI (PRWEB) March 27, 2015 April 2015 ... war – the Sesquicentennial. To honor America’s bloodiest war and ... Fort Adams Trust presents A Tribute to the Civil War ... PM, Friday, April 17, 2015, at the Jane Pickens Theater ... noted Civil War-Lincoln scholar, will serve as the master of ...
(Date:3/27/2015)... 2015 Yisrayl Hawkins, Pastor and Overseer at ... way to live in Peace is through the Laws of ... published this week. , The article titled, “Yahweh’s Way-The Great ... and how straying away from the original biblical instructions has ... system that has been created in the world is based ...
Breaking Medicine News(10 mins):Health News:Everlast Climbing Advocates to Strengthen Physical Education in Minnesota Schools 2Health News:Garth Brooks Tickets for Omaha: BuyCheapTicketsToEvents.com Draws Customers by Discounting Prices on 2015 Tickets for Garth Brooks’ Tour Stops at CenturyLink Center 2Health News:Canadian Cannabis Clinics (CCC) to Join the Canada.MarijuanaDoctors.com Network 2Health News:Relive the Civil War, the Presidency and Shocking Assassination of Abraham Lincoln through Lincoln’s Own Words and the Music of a 46-Piece Orchestra 2Health News:Relive the Civil War, the Presidency and Shocking Assassination of Abraham Lincoln through Lincoln’s Own Words and the Music of a 46-Piece Orchestra 3Health News:Relive the Civil War, the Presidency and Shocking Assassination of Abraham Lincoln through Lincoln’s Own Words and the Music of a 46-Piece Orchestra 4Health News:The World Does Not Have to Continue in Misery, Says Yisrayl Hawkins in New Article 2
... creating news is the new vaccine for preventing cervical cancer. ... issue of access to vaccines for sexually transmitted diseases this ... vaccine is to target the HPV that is human papillomavirus, ... also the major cause for cervical cancer. ,There ...
... malignant diseases which are responsible for number of deaths. Number ... subject. A new study suggests that true biological differences are ... confounded by Dr. Tim Byers, of the University of Colorado ... not due to the disparity in the access in health ...
... sneezed at//. ,The research carried out by Dr. ... 000 extra deaths were traced to the common flu in the ... just one more solid reason why people should get annual ... they also said people with heart disease should never forgo their ...
... called for a calm and rational approach to addressing illness outbreaks ... Broughton Hall in Melbourne. ,Dr Haikerwal said the ... it is not a time to be calling for dramatic changes ... carefully identify the causes for the outbreak and take all reasonable ...
... the pain and agony begin to subside over Monday’s ghastly student ... ‘loner’ killer Cho Seung-Hui began to take form. , ... be any stronger than this point of time. At the same ... ,The fact that Cho was a ‘disturbed’ student was ...
... President Dr Mukesh Haikerwal today called on the Federal ... to children, after a new study revealed// that two-thirds ... food. ,'This startling study demonstrates that ... children and young people,' Dr Haikerwal said. ...
Cached Medicine News:Health News:Will the Cervical Cancer Vaccine Have Long Term Benefits? 2Health News:The Flu- More Than Just That 2Health News:AMA Calls For Calm Approach To Aged Care Illness Outbreaks 2Health News:Virginia Tech. Shooter -Human Rights or Innocent Lives 2
(Date:3/26/2015)... 26, 2015 /PRNewswire/ - Pivotal Therapeutics Inc. (OTCQX:PVTTF; CSE:PVO), ("Pivotal" ... focus on Omega-3 therapies for cardiovascular disease and overall ... 763,752 common shares of the Corporation (the "Common Shares"). ... period of December 5 th , 2014 to March ... that is due on or before April 1, 2015. ...
(Date:3/26/2015)... -- "Whether it,s our family, our friends, all of ... a single sentence, Dr. Anthony Coyle , senior ... Centers for Therapeutic Innovation (CTI), sums up what ... biopharmaceutical companies. CTI,s unique model allows ... and the National Institutes of Health (NIH) to bridge ...
(Date:3/26/2015)... 2015 Cardiologists at Beaumont Hospital, ... commercial implant of a device recently approved by the ... fibrillation. The Watchman Left Atrial Appendage Closure implant is ... to reduce the risk of stroke. Atrial ... more than 5 million Americans. Twenty percent of all ...
Breaking Medicine Technology:Pivotal Therapeutics announces payment of interest on outstanding convertible notes 2Collaboration for Cures: Teaming Up to Advance Science and Save Lives 2Beaumont Hospital, Royal Oak among first to offer alternative to blood-thinning medications for atrial fibrillation 2Beaumont Hospital, Royal Oak among first to offer alternative to blood-thinning medications for atrial fibrillation 3
... SILVER SPRING, Md., Dec. 20, 2010 Each year, ... drugs that treat a wide variety of conditions and ... recent significant FDA approvals for generic medications, go to ... notices of new FDA Consumer Updates at: ...
... Inc. today announced the development of software that uses ... assist ophthalmologists and optometrists in diagnosing retinal and optic ... is an imaging technique used to provide ophthalmologists and ... (RNFL) which can help them diagnose diseases like glaucoma. ...
Cached Medicine Technology:New Software for Improving the Analysis of OCT Images 2
... The HypercleanTM 22 fume containment ... as a one- or two-person ... fume containment system comes ... and four charcoal filters. (For ...
... steel, detachable disposable concentric needle has a ... (.08-in) brass plug connector. Needles sold in ... shielded cable with 5-pin DIN connector is ... nonsterile and may be autoclaved or disinfected ...
... The Strep B OIA test provides ... antigen directly from cervical or vaginal ... culture results are unknown at the ... B OIA offers physicians additional information ...
... is a high performance assay for the ... B with a simple, easy-to-use test that ... minutes. Assay advantages include superior performance with ... to 14-day viral culture enables you to ...
Medicine Products: