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

reflects the ongoing effort of all our employees, we will continue to focus on improving our profitability," commented Dan Moore, Cyberonics' President and Chief Executive Officer. "Secondly, our domestic epilepsy business is growing, as evidenced by a 9% growth in units sold, and revenue growth of approximately 13%, over the third quarter of FY07. We continue to enjoy strong growth in our international business, which delivered 34% growth in epilepsy revenue. Globally, epilepsy revenue grew by 17% over the prior year. While our January price increase had little impact on the recently completed quarter, we expect it to contribute more significantly in future periods.

"After consulting with clinical and reimbursement experts, we have developed a plan for our depression indication. We have also engaged an investment bank to find a financial partner to assist in execution of the plan, which includes the possible transfer of the depression indication to a separate entity in which we expect to maintain at least a minority interest.

"The licensing activity that we announced in December is a clear indication of our progress toward our fourth objective. We intend to continue to seek appropriate partnership opportunities.

"Our balance sheet, particularly our cash position, has improved over the course of the year, and at the appropriate time, will provide management with resources to enhance the value of the company to shareholders.

"The share repurchase program underscores our ongoing commitment to increase shareholder value and the Board's confidence that we are poised for future growth. Overall, we made solid progress on all fronts, strengthening the company's position in the neuromodulation device business sector. We expect this progress to continue."

Additional details of progress toward objectives and sales by geography, indication, and product line will be provided during the upcoming conference call and in the accompanying presenta
'/>"/>

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:5/30/2015)... CT (PRWEB) May 30, 2015 "Despite ... do not always get better health outcomes than people ... expensive and not always safe" states author Dr. John ... Health Attitude: Unraveling and Solving the Complexities of ... terms even newcomers to the healthcare policy debate will ...
(Date:5/30/2015)... Houston, Texas (PRWEB) May 30, 2015 ... week for 2015’s Aesthetic Meeting, sponsored by the American ... many industry vendors on hand was Zeltiq, the parent ... the aesthetic space, CoolSculpting. With blazing growth, the ... , Zeltiq is currently in the ...
(Date:5/30/2015)... May 30, 2015 Boston Scientific ... in punitive and compensatory damages to a transvaginal ... serious complications following implantation of the company’s Pinnacle ... rendered on May 28th in Delaware Superior Court, ... damages after the jury found that the implants ...
(Date:5/30/2015)... (PRWEB) May 30, 2015 At 73 years ... of vibrant health , which she attributes to a ... principles of good nutrition with the release of her new ... by Xlibris AU). , “Cook for Health and Longevity” features ... nutritious and mostly organic food . It is designed ...
(Date:5/30/2015)... Francisco, CA (PRWEB) May 30, 2015 ... Francisco, California, is proud to announce their June 2015 ... featured apartment community in San Francisco, Key Housing is ... quality housing in what is one of the tightest ... is a plum posting, and understandably anyone who requires ...
Breaking Medicine News(10 mins):Health News:"Health Attitude", a new book by Dr. John R. Patrick, explains the American healthcare system, what is wrong with it, and how to fix it. 2Health News:"Health Attitude", a new book by Dr. John R. Patrick, explains the American healthcare system, what is wrong with it, and how to fix it. 3Health News:Dr. Paul Vitenas Meets with Zeltiq President and CEO in Montreal 2Health News:Dr. Paul Vitenas Meets with Zeltiq President and CEO in Montreal 3Health News:Boston Scientific Transvaginal Mesh Lawsuit Trial Ends With $100 Million Verdict 2Health News:Boston Scientific Transvaginal Mesh Lawsuit Trial Ends With $100 Million Verdict 3Health News:Boston Scientific Transvaginal Mesh Lawsuit Trial Ends With $100 Million Verdict 4Health News:Lynn Kendall Shows How to ‘Cook for Health and Longevity’ 2Health News:Lynn Kendall Shows How to ‘Cook for Health and Longevity’ 3Health News:San Francisco Corporate Housing Leader Key Housing Designates 388 Beale Street as Featured Community for June 2Health News:San Francisco Corporate Housing Leader Key Housing Designates 388 Beale Street as Featured Community for June 3
... in children with autism and related conditions can be ... with a structured training program for parents, according to ... in the December 2009 issue of the Journal ... , the study was conducted by the National Institute ...
... ... careers and information, unveiled the third edition of the BioForest™ Hotbed Campaign this morning. ... Englewood, CO ... information, unveiled the third edition of the BioForest™ Hotbed Campaign this morning., , , ...
... , ... America,s SNAP Outreach Efforts , CHICAGO, Nov. 25 Feeding ... donation from the Bank of America Charitable Foundation to support Feeding ... Program (SNAP), formerly named the Food Stamp Program. The funds ...
... is pleased to recognize the following abstract presenters ... undergraduate student,medical student, graduate student, resident physician, and ... plus annual meeting,travel reimbursement. The 2009 Merit ... , Donor Dendritic Cells Home to Lymphoid Organs ...
... fruit fly study may lead to new drugs for people, ... natural lipid molecules found in soy, could become a key ... , The findings are preliminary, but the study authors ... to provide protection against colon cancer. , In the study, ...
... , ... teaches students to use natural treatments to complement conventional methods. , ... Burnaby, BC (Vocus) November 25, 2009 ... against cancer, patients often turn to alternative medicine to help them cope with the ...
Cached Medicine News:Health News:Parent training key to improved treatment of behavior problems in children with autism 2Health News:BioSpace Showcases Leading Life-Science Companies in the Northwest 2Health News:Bank of America Charitable Foundation Presents $1 Million Contribution to Feeding America in an Effort to Help Connect Low-Income Americans With Federal Nutrition Programs 2Health News:Bank of America Charitable Foundation Presents $1 Million Contribution to Feeding America in an Effort to Help Connect Low-Income Americans With Federal Nutrition Programs 3Health News:ASH announces 2009 Merit Award winners 2Health News:Natural Soy Component May Help Treat Colon Cancer 2Health News:Holistic and Western Medicine Combined Can Fight Cancer 2
(Date:5/29/2015)... 28, 2015 Research and Markets ( http://www.researchandmarkets.com/research/p37spr/north_america ... America Open System MRI Market - Growth, Trends And ... The key players in the industry are ... Healthcare and Toshiba Medical Systems ... CT because of its higher sensitivity and use of ...
(Date:5/29/2015)... Massachusetts and SPARTANBURG, South Carolina ... The Guardian Research Network and Molecular Health have announced ... and molecular diagnostic decision support to the majority of ... Guardian Research Network will collaborate with Molecular Health to ... testing to identify cohorts from hundreds of thousands of ...
(Date:5/29/2015)... , May 29, 2015  Haemonetics Corporation (NYSE: ... , Chief Operating Officer, will present at the JMP ... on June 23 rd , 2015 at ... access Mr. Davies, presentation live via webcast at: ... (NYSE: HAE ) is a global healthcare company ...
Breaking Medicine Technology:North America Open System MRI Market 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare and Toshiba Medical Dominating 2New Collaboration to Dramatically Expand Therapeutic Clinical Trial Access for Cancer Patients Across the United States 2New Collaboration to Dramatically Expand Therapeutic Clinical Trial Access for Cancer Patients Across the United States 3New Collaboration to Dramatically Expand Therapeutic Clinical Trial Access for Cancer Patients Across the United States 4
... Revision System offers a femoral option and ... cam action that engages at 60 degrees ... femoral roll-back motion and allow for 130 ... in conjunction with the femur is designed ...
... system was designed to replicate normal ... has a recessed, deepened and extended ... the patella, which has been shown ... groove promotes more normal kinematics and ...
... The Biopro TKO implant ... conservative knee implants available. The ... posterior cruciate ligaments. The implant ... for patients while preserving bone ...
... Knee System's curved-on-curved articulation maintains full inter-changeability. ... for better patient fit. The Maxim ... knee's proven concepts with expanded options to ... Maxim is indicated for use in total ...
Medicine Products: