Navigation Links
Mindray Announces Preliminary 2008 Operating Results
Date:1/12/2009

SHENZHEN, China, Jan. 12 /PRNewswire-Asia-FirstCall/ -- Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, today announced selected preliminary, unaudited results for the fiscal year ended December 31, 2008. The preliminary results reported below include the results of operations of the patient monitoring business acquired from Datascope ("DPM") starting from May 1, 2008.

Preliminary 2008 Operating Results

For the year ended December 31, 2008, Mindray expects net revenues to be in the range of US$540 million to US$550 million, compared to US$294.3 million in 2007, or 84% to 87% year-over-year growth. Based on the estimated full year revenue range, fourth quarter 2008 revenue grew 76% to 87% year-over-year despite a challenging global operating environment that included volatile foreign exchange fluctuations, a slow down in hospital spending and credit freezes.

Based on the estimated full year revenue, the company anticipates the 2008 non-GAAP diluted EPS to be no less than US$1.16, compared to US$0.79 in 2007, or 47% year-over-year growth. The estimated non-GAAP diluted EPS is based on the assumption that Mindray's Shenzhen subsidiary receives a preferential income tax rate at 15% as a qualified "New and Hi Tech Enterprise." The subsidiary has already received approval of such qualification from the Shenzhen local government, and the Company does not anticipate any delay in closing the process from the central government level in the near future.

"Despite the recent unprecedented and challenging global environment, Mindray maintained its focus on outstanding execution and operational excellence," commented Mr. Xu Hang, Mindray's chairman and co-chief executive officer. "As a result, we achieved excellent
'/>"/>

SOURCE Mindray Medical International Limited
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Mindray Selects Actel Low-Power Flash FPGAs for Demanding Medical Equipment Applications
2. Mindray to Report Third Quarter 2007 Financial Results on November 1, 2007
3. Mindray to Attend 2007 RSNA Conference in Chicago
4. Mindray to Attend 2008 CLSA Asia Investors Forum
5. Mindray to Exhibit at 2008 European Congress of Radiology Annual Meeting
6. Mindray to Report Fourth Quarter and Fiscal Year 2007 Financial Results on March 5, 2008
7. Mindray Medical International Announces Full Year and Fourth Quarter 2007 Results
8. Mindray to Attend the 11th Credit Suisse Asian Investment Conference
9. Mindrays Laptop-size M5 and BS-200 Receive FDA Clearance
10. Mindray to Attend the JPMorgan 4th Annual China Conference
11. Mindray to Exhibit at 2008 China International Medical Equipment Fair
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/2/2014)... By Steven Reinberg ... -- Living close to a major highway may raise your ... Among more than 5,000 postmenopausal women, those who lived within ... greater risk of developing high blood pressure than women living ... "The results of this study highlight the importance of our ...
(Date:10/2/2014)... Dennis Thompson HealthDay Reporter ... that pull out all the stops to rescue surgical ... but the cost of such heroism is questionable, a ... 5 percent better at saving elderly patients with life-threatening ... with less intensity, said senior author Dr. Amir Ghaferi. ...
(Date:10/1/2014)... developed a model that could help to predict a ... from their very first psychotic episode. , The model ... symptoms, cognitive abilities, MRI scans of the brain,s structure, ... the lead up to World Mental Health Day (10 ... Professor Bernhard Baune , says the model is a ...
(Date:10/1/2014)... new research study published today in the Journal ... patients older than 50 years with moderate or severe ... , Researchers from the University of Melbourne randomly assigned ... pain to no acupuncture or sham or pretend laser ... with participants and acupuncturists blinded to laser and sham ...
(Date:10/1/2014)... Patients with increased inflammation, including those receiving ... risk of depression. For example, a 6-month treatment ... virus infection causes depression in approximately 30% of ... known as fish oil, have a long list ... heart disease and reducing triglyceride levels. These nutritional ...
Breaking Medicine News(10 mins):Health News:Living Near a Highway May Be Bad for Your Blood Pressure 2Health News:Living Near a Highway May Be Bad for Your Blood Pressure 3Health News:'High-Intensity' Hospitals Save More Elderly After Surgery: Study 2Health News:'High-Intensity' Hospitals Save More Elderly After Surgery: Study 3Health News:Predicting the future course of psychotic illness 2Health News:Study finds acupuncture does not improve chronic knee pain 2Health News:Omega-3 fatty acids may prevent some forms of depression 2
... content among gamers, study finds , , FRIDAY, Jan. 16 ... not the violence or gore it depicts, that keeps players ... fact, actually detracts from a game,s "fun factor" for most ... and Immersyve Inc., a firm that researches gamers, experiences. ...
... patients with colorectal were more likely to present with ... worse five-year survival rate compared to Caucasian patients, according ... University. , The results are being presented at ... Cancers Symposium. The study was led by Edith Mitchell, ...
... firm that initiated the nation,s largest federal whistleblower case to date, which ... settlement with the U.S. Attorney,s Office, Eli Lilly & Company will pay ... and fraudulent marketing of the highly profitable prescription drug Zyprexa. ... ...
... ATLANTA, Jan. 16, 2009 The AMERIGROUP Foundation announced ... executive director of Atlanta,s Ron Clark Academy, by designating ... administrator and classroom teacher at Ron Clark Academy, a ... DeKalb and Clayton counties. Over the past two ...
... Witness ,Greatest Moment of His Life,NASHVILLE, Tenn., Jan. 16 , WHO: ... Senior Living independent and assisted living community in, ... WHAT: Bouey has been honored as a winner of ... Lifetime, and is headed to Washington, D.C. to witness and, ...
... SAN ANTONIO, Jan. 16 For many pet owners, ... beloved four-legged friends. They understand,that caring for their ... the,day they bring their new best friends home. ... advances in veterinary medicine, today,s,involved owner wants access to ...
Cached Medicine News:Health News:Game, Not Gore, Keeps Video Players Playing 2Health News:African-Americans have worse prognosis at colorectal cancer diagnosis 2Health News:Law Firm Freedland Russo Spearheads Record-Setting Whistleblower Case Against Pharmaceutical Giant Eli Lilly -- Firm Expands Offices to Include L.A. Entertainment Branch 2Health News:Law Firm Freedland Russo Spearheads Record-Setting Whistleblower Case Against Pharmaceutical Giant Eli Lilly -- Firm Expands Offices to Include L.A. Entertainment Branch 3Health News:Atlanta Educator Kim Bearden Honored as 'Healthy Hero' by AMERIGROUP Foundation 2Health News:Grandson of Slaves Wins Experience of a Lifetime, Heads to Washington, D.C. to Attend Presidential Inauguration Events 2Health News:Grandson of Slaves Wins Experience of a Lifetime, Heads to Washington, D.C. to Attend Presidential Inauguration Events 3Health News:Grandson of Slaves Wins Experience of a Lifetime, Heads to Washington, D.C. to Attend Presidential Inauguration Events 4Health News:New PurinaCare(R) Pet Health Library Helps Pet Owners Provide a Lifetime of Health and Happiness for Their Dogs and Cats 2Health News:New PurinaCare(R) Pet Health Library Helps Pet Owners Provide a Lifetime of Health and Happiness for Their Dogs and Cats 3Health News:New PurinaCare(R) Pet Health Library Helps Pet Owners Provide a Lifetime of Health and Happiness for Their Dogs and Cats 4
(Date:10/2/2014)... Research and Markets  has announced the ... by Application, and by Geography - Global Forecast to ... The medical electronics market is expected to grow at ... the world due to growing income levels, and increasing ... hypertension, and cardiovascular diseases. A growing population coupled with ...
(Date:10/2/2014)... 2, 2014  Eli Lilly and Company (NYSE: ... tabalumab­ -- being studied for the treatment of ... -- due to insufficient efficacy in two pivotal ... on safety concerns. ­­­­ In the ... primary endpoint, at either dose studied, of statistically ...
(Date:10/2/2014)...  InfinityQS International, Inc., the global authority on ... client speakers for Infusion Chicago, its 9 th ... will be held Oct. 9-10, 2014, at the ... from Coloplast, The Kellogg Company, Biomet, General Cable, ... two-day event will also include best practice presentations ...
Breaking Medicine Technology:Medical Electronics (Sensor, Battery, Memory Device, Display, & Microprocessor/MCU) Market - Global Forecast to 2020 2Medical Electronics (Sensor, Battery, Memory Device, Display, & Microprocessor/MCU) Market - Global Forecast to 2020 3Lilly to Discontinue Development of Tabalumab Based on Efficacy Results in Phase 3 Lupus Studies 2Lilly to Discontinue Development of Tabalumab Based on Efficacy Results in Phase 3 Lupus Studies 3InfinityQS Infusion Chicago to Spotlight Manufacturers' Key Successes in Achieving Enterprise Quality 2InfinityQS Infusion Chicago to Spotlight Manufacturers' Key Successes in Achieving Enterprise Quality 3
... SAN DIEGO, Oct. 4 To mark the beginning ... its breast cancer treatment services at its West Houston ... Emission Mammography) scanners are high-resolution breast PET systems that ... of a lesion.  The metabolic view allows physicians to ...
... ALTOONA, Pa., Oct. 4 In response ... and the importance of "aging-in-place" as an ... Technologies, LLC ("Delta") today announced the introduction ... developed to optimize the homecare therapist. ...
Cached Medicine Technology:SightLine Health Adds Naviscan PEM Technology to Breast Cancer Treatment Services 2Delta Health Technologies ClinicalVirtuosoâ„¢ Targets Homecare Therapists 2
... cup system has been designed to enhance ... and cluster hole configurations. The objective of ... on three primary modes: Tilt, migration and ... result in initial and long-term fixation. The ...
Optimal solution for normal acetabulum and younger patients....
Biopro rimmed acetabular is manufactured from titanium and is porous coated on the outside of its shell. The rimmed acetabular accommodates a polyethylene inert....
The MPF cup is specifically designed to achieve high primary stability, a critical factor for long term success....
Medicine Products: