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Misonix Reports Financial Results for First Half of Fiscal 2013
Date:2/7/2013

FARMINGDALE, N.Y., Feb. 7, 2013 /PRNewswire/ -- Misonix, Inc. (NASDAQ: MSON), a surgical device company that designs, manufactures and markets innovative therapeutic ultrasonic products worldwide for spine surgery, cranial maxillo – facial surgery, neurosurgery,  wound debridement, cosmetic surgery, laparoscopic surgery and other surgical applications, today reported financial results for the six-months and the second quarter of fiscal year 2013, ended December 31, 2012.

Highlights for the quarter and the six-month period include:

  • Revenue for the six months increased 19% to $8.0 million compared to $6.8 million in the first six months of 2012. Second quarter revenue was $3.5 million comparable to $3.6 million in the second quarter of 2012.
  • Excluding revenue from legacy products, BoneScalpel, SonicOne and SonaStar revenue increased 46% and 12% respectively for the first half and the three months of fiscal 2013, ended December 31, 2012.
  • U.S. revenue for the six months increased 9%, International revenue increased 31% compared to the comparable six months of fiscal 2012. U.S. second quarter revenue decreased 12.6%, including a 59% reduction in Lysonix and Autosonix revenue, International second quarter revenue increased 9.6% versus the year ago second quarter.
  • BoneScalpel™ revenue increased 99% and 33%, respectively, for the six months and the second quarter versus the comparable periods in 2012.
  • SonicOne™ revenue increased 82% and 70%, respectively, for the six months and the second quarter versus the comparable periods in 2012.
  • SonaStar™ revenue for the six months was comparable to 2012 six month revenues and decreased 20% in the second quarter of 2013 versus the 2012 second quarter.
  • For the six months the Company reported a net loss of $609,000, or $(0.09) per share, compar
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  • SOURCE Misonix, Inc.
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