Navigation Links
Allied Healthcare Products Reports Loss On Depressed Sales
Date:5/10/2013

ST. LOUIS, May 10, 2013 /PRNewswire/ -- The continuing recession in domestic hospital equipment and a dip in international sales resulted in a loss for Allied Healthcare Products (NASDAQ: AHPI) in its third quarter of fiscal year 2013.

Net loss for the quarter ending March 31, 2013, was about $280,000, or a negative 3 cents per basic and diluted share, versus a loss of about $146,000, or a negative 2 cents per basic and diluted share, for the prior year. Sales for the third quarter fell from about $10.7 million to about $9.2 million, or almost 14 percent, from the previous year.

For the first three quarters of fiscal 2013, Allied's net loss was $1,158,800 or a negative 14 cents per basic and diluted share, compared to a loss of about $268,000, or negative 3 cents per basic and diluted share, for the prior year. Sales for the company's first three quarters declined from about $32.8 million to $28.4 million, or about 13 percent, from the previous year.

Formerly healthy international sales flattened in the quarter. A major impact was the lack of sales in Venezuela following the illness and death of President Hugo Chavez .

The company is beginning to see good growth in sales with its new carbon dioxide absorbent Litholyme®, used in anesthesia procedures, according to Earl Refsland , Allied president and chief executive officer. "As the market becomes aware of the product's economic and safety benefits, we believe sales will accelerate accordingly," Refsland said.

In a one-time event, Allied booked about $516,000 in income in January 2013 from the demutualization and sale of its product liability insurer.

In what will be a recurring expense, Allied paid a new excise tax on medical devices levied as part of the Affordable Care Act
'/>"/>

SOURCE Allied Healthcare Products, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Allied Healthcare Products Reports Second Quarter Loss
2. Allied Healthcare Reports First Quarter Loss
3. Allied Healthcare Products Reports Loss on Sales Decline
4. BidMed Awarded Equipment Liquidation and Related Services Agreement with the Premier Healthcare Alliance
5. Millennium HealthCare Signs Exclusive Distribution Agreement with Heart Smart Inc.
6. Cynosure to Present at UBS Global Healthcare Conference
7. Smart Water Leadership Summit Focused On Waterborne Disease Prevention in Healthcare Facilities To Be Held In Chicago June 6 & 7
8. Millennium HealthCare Signs Distribution Agreement with Atossa Genetics
9. Change Healthcares Clayton Nicholas to Speak on "Game Mechanics and Other Game Changers in Benefits Education" at IHC Forum East
10. Medifirst Solutions, Inc. Announces New Healthcare And Wellness Division
11. XBiotech to Present at UBS Global Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/29/2015)... May 28, 2015 Research and Markets ( ... "North America Open System MRI Market - Growth, Trends ... offering. The key players in the industry ... Siemens Healthcare and Toshiba Medical Systems ... replacing CT because of its higher sensitivity and use ...
(Date:5/29/2015)... CANOGA PARK, Calif. , May 29, 2015 /PRNewswire/ ... practices with 1-5 physicians ranks Praxis EMR as #1 ... -based Black Book Market Research LLC conducts a poll ... Satisfaction Survey with the results.    ... satisfaction rating of the 18 performance based criteria used ...
(Date:5/29/2015)... , May 29, 2015 ... the addition of the "Surgical/Operating Microscopes Market ... to 2020" report to their offering. ... surgical microscopes market is poised to reach $806.6 ... at a CAGR of 12.3% from 2015 to ...
Breaking Medicine Technology:North America Open System MRI Market 2014-2019 with GE, Hitachi Medical, Philips Healthcare, Siemens Healthcare and Toshiba Medical Dominating 2Praxis EMR Ranks #1 for Physician Satisfaction in Black Book's 2015 Survey of Solo and Small Practices 2Surgical/Operating Microscopes Market by Application & End User - Global Forecast to 2020 for the $806 Million Industry 2
... the AcceleDent™ System , which is an ... Layman, this week.  Mr. Layman began effective December 1, and ... AcceleDent is a simple, removable ... aligners in the mouth for 20 minutes daily to ...
... Dec. 7, 2011 HealthpointCapital, LLC ("HealthpointCapital") announced ... ("Blue Belt" or "Company"). Blue Belt is developing ... use initially in orthopedic procedures and then for ... Terms of the transaction were not disclosed. ...
Cached Medicine Technology:OrthoAccel Technologies, Inc. Announces New Chief Financial Officer 2OrthoAccel Technologies, Inc. Announces New Chief Financial Officer 3HealthpointCapital Acquires Blue Belt Technologies, Inc. and Appoints Eric B. Timko as President and CEO 2
(Date:5/29/2015)... University, the first cannabis college in America, will return to Las ... demanded Basic and Advanced Classic Seminars on June ... each day. Certification is available upon completion of the seminars and ... 14 from 12:00 pm to 6:00 pm. Both the seminars and ... Casino in downtown Las Vegas. , Seminar topics covered ...
(Date:5/29/2015)... Dr. Rodger Murphree, author of Treating ... now offering free weekly call in teleconferences each ... to reduce symptoms associated with fibromyalgia including chronic ... fog. , To find out more about ... in teleconferences simply go to http://www.endfibronow.com ...
(Date:5/29/2015)... 29, 2015 Designed with the versatile ... to create an all new, exclusive line of supplementation ... with the latest and greatest, high impact, result driven ... be effective. The 24/7 Series can be used by ... even the casual fitness enthusiasts. There are no stimulant ...
(Date:5/29/2015)... 29, 2015 Healthpointe’s electromyography and ... the Los Angeles County clinics including its newest ... now being offered at all Healthpointe locations throughout ... San Bernardino County. , As the muscles ... send electrical impulses throughout the body and dictate ...
(Date:5/29/2015)... 2015 As spring has sprung and ... outdoor saunas have increased in popularity as people finish ... at summer cottages. While a perennial favorite, the ... projects a few weeks earlier than usual. , Similar ... lot sizes tend to prefer the Patio series rooms ...
Breaking Medicine News(10 mins):Health News:Oaksterdam University to Host Educational Cannabis Seminars and Job Fair in Las Vegas June 12 to 15; Training For Those Wanting To Work in Legal Cannabis Industry 2Health News:Oaksterdam University to Host Educational Cannabis Seminars and Job Fair in Las Vegas June 12 to 15; Training For Those Wanting To Work in Legal Cannabis Industry 3Health News:BPI Sports and Bodybuilding.com Partner Up to Bring an Innovative New Line of Supplements 2Health News:BPI Sports and Bodybuilding.com Partner Up to Bring an Innovative New Line of Supplements 3Health News:Healthpointe Is Now Offering EMG and NCV Diagnostics at All Clinics throughout Southern California. 2Health News:As Summer Approaches, Finnleo Notes Increased Interest in Patio and Metro Outdoor Saunas 2
... to Other Food ManufacturersCHICAGO, April 1 Fonterra ... water in New Zealand, called Whole. The product, ... first for the market, and food and beverage ... markets can currently leverage the product,s constituent ingredients. ...
... Largest Independent Online Retailer of Beauty and Skin-Care ... 24 Sandow Media, parent company of ... and Salu Beauty, parent company of SkinStore.com, today ... reach for beauty product manufacturers. This powerful new ...
... HLS ) today announced it will host an investor ... 2009, to discuss its results for the first quarter of ... 406-5369 and giving the pass code 91485741. International callers should ... call approximately 10 minutes before the start of the call ...
... p.m. EDT -- SOUTH SAN FRANCISCO, Calif., April ... ) today announced the execution of a securities purchase ... of up to $43.5 million in a tranched financing, ... stock and common stock warrants, and a tranche of ...
... April 1 Misonix, Inc. (Nasdaq: MSON ... technology, which in Europe is used for the ablation ... has entered into a new, three year, exclusive distribution ... for the distribution of the SonaStar(TM) Ultrasonic Surgical Aspirator ...
... suggests link to modifiable maternal habit, , , WEDNESDAY, April ... infants sleeping on their stomachs as the greatest modifiable ... Australian researchers suggest. , They found that when mothers ... them in response to a life-threatening situation, is altered, ...
Cached Medicine News:Health News:Fonterra's New ClearProtein(TM) Satiety Water a First for New Zealand Market 2Health News:Fonterra's New ClearProtein(TM) Satiety Water a First for New Zealand Market 3Health News:NewBeauty Magazine and SpaLook.com Create Strategic Alliance With Salu Beauty and SkinStore.com 2Health News:NewBeauty Magazine and SpaLook.com Create Strategic Alliance With Salu Beauty and SkinStore.com 3Health News:HealthSouth Announces Date of 2009 First Quarter Earnings Conference Call 2Health News:Sunesis Pharmaceuticals Announces Up To $43.5 Million Financing 2Health News:Sunesis Pharmaceuticals Announces Up To $43.5 Million Financing 3Health News:Sunesis Pharmaceuticals Announces Up To $43.5 Million Financing 4Health News:Sunesis Pharmaceuticals Announces Up To $43.5 Million Financing 5Health News:Sunesis Pharmaceuticals Announces Up To $43.5 Million Financing 6Health News:Misonix Announces New Distribution Agreement for Belgium and Luxembourg 2Health News:Misonix Announces New Distribution Agreement for Belgium and Luxembourg 3Health News:Mom's Smoking May Lead to SIDS 2
The Needle Loading Platform / Shield is designed to provide superior operator shielding during the loading of prostate implant needles with iodine or palladium seeds. It is constructed of 3/8" alumin...
The seed alignment tray aligns seeds and spacers for easy access to be picked up by the SeedVac™. It also interfaces with the seed sterilization and sorting tray for protection from radiation....
MT-BT-5011-25 Prostate seeding needle (set of 25 unloaded needles).,MT-BT-5011-P Prostate seeding needle, pre-plugged and pre-sterilized, unloaded or for use with MEDTECs ASAP™ pre-load seedin...
... ACMI™ offers five classes of ... vaporization, cutting loops, knife, roller bar ... are the only electrodes specifically integrated ... surgical tissue removal with minimal bleeding, ...
Medicine Products: