Navigation Links
Recession Continues to Depress Sales at Allied Healthcare Products
Date:11/6/2009

ST. LOUIS, Nov. 6 /PRNewswire-FirstCall/ -- Recession in domestic and international markets continued to depress sales for Allied Healthcare Products in the first quarter of fiscal year 2010 ending September 30, 2009.

Sales declines pushed Allied into a loss for the quarter. The net loss for the quarter was about $745,000, or negative 9 cents per share, compared to a net profit the year earlier of about $208,000, or 3 cents per share.

Sales fell about 21 percent in the quarter, from about $14.4 million in the first quarter of last year to $11.3 million in the current quarter.

Allied introduced a new product line late in fiscal 2009 - mass casualty ventilators designed for use in pandemics, natural disasters and terrorist attacks. Sales of the new products totaled $500,000 in the quarter.

Allied mass casualty ventilators address needs that traditional, full-featured ventilators do not meet, said Earl Refsland, president and chief executive officer. For example, Allied ventilators cost a fraction of the price of full-featured ventilators, can be operated by non-professionals after brief instruction and are rugged, for use in harsh field conditions. Also, Allied mass casualty ventilators have minimal maintenance requirements, making them ideal for government stockpiles, Refsland said.

A bright spot in the quarter was strong performance in cost reduction efforts in manufacturing and operations. Most of these savings represent long-term reductions that will continue to benefit the company in future quarters.

Allied earnings in the quarter were affected by a non-cash charge of $609,000 resulting from the company's grant to the chief executive officer of an option to purchase 320,000 shares of common stock in the next six years.

Allied Healthcare Products, Inc., manufactures a variety of respiratory products used in the healthcare industry in a range of hospital and alternate care
'/>"/>

SOURCE Allied Healthcare Products, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine technology :

1. Partnership for Prescription Assistance Prepared to Help Southern Workers Hurt by Recession
2. Reportlinker Adds Global Drug Manufacturing Industry Outlook to 2010: Marketing and Sales Strategies and the Impact of Recession and Recovery
3. $500 Billion Health Care Spend Boosts BRIC Countries Diagnostic Imaging Sales Despite Global Recession, According to Millennium Research Group
4. Reportlinker Adds Global Medical Devices Industry Outlook to 2010: Marketing And Sales Strategies And The Impact of Recession And Recovery
5. Despite Recessionary Pressures, Patient and Surgeon Demand Will Drive the Joint Arthroplasty and Fixation Bone Cement Market by 7% Annually Through 2013
6. Shire Continues to Deliver Excellent Growth From Core Products
7. Medical Technology Executives Descend on D.C. as AdvaMed 2009: The MedTech Conference Kicks Off and Health Care Debate Continues
8. Greenway Medical Technologies Continues to Lead the Evolution of Healthcare Automation at National Health IT Week in Washington, D.C.
9. Oppenheimers Investment Bank Continues Expansion -- Lance Alstodt Named Managing Director - Healthcare
10. Health Robotics CytoCare(TM) Global Expansion Continues With Grifols International in Latin America
11. Cord Blood America Continues to Reduce Debt; Three Notes Retired
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/28/2015)... 2015  The U.S. Department of Justice (DOJ) has ... Rehab Medical Inc. to resolve a lawsuit that began ... a whistleblower lawsuit by two former employees of Orbit. ... direction of one of Orbit,s top executives, Jake ... obtain payment from Medicare for electric wheelchairs.  The lawsuit ...
(Date:5/28/2015)... 2015  The recent flurry of PBM mergers ... groups scrambling to identify a pharmacy benefit manager ... plan, retail pharmacy chain, or other potentially conflicting ... of Catamaran, Rite Aid,s $2 billion acquisition of ... for $10 billion are just the latest examples ...
(Date:5/28/2015)... 28, 2015   Sanovas, Inc., a rapidly growing ... Top 50 Start-Up Companies in the World at the Silicon Valley ... Logo - http://photos.prnewswire.com/prnh/20150528/219097LOGO ... experts with direct domain experience screened 2,716 companies from around ... Business Model, and Team. This select list was further subjected ...
Breaking Medicine Technology:Electric Wheelchair Sellers Agree To $7.5 Million Settlement Of Whistleblower Case Alleging That Company Forged Medical Records As Part Of Scheme To Defraud Medicare 2Electric Wheelchair Sellers Agree To $7.5 Million Settlement Of Whistleblower Case Alleging That Company Forged Medical Records As Part Of Scheme To Defraud Medicare 3Electric Wheelchair Sellers Agree To $7.5 Million Settlement Of Whistleblower Case Alleging That Company Forged Medical Records As Part Of Scheme To Defraud Medicare 4Citizens Rx Addresses Recent PBM Consolidation and Rising Pharmacy Costs 2Citizens Rx Addresses Recent PBM Consolidation and Rising Pharmacy Costs 3Sanovas Awarded Global "Top-50" Start-Up Company 2Sanovas Awarded Global "Top-50" Start-Up Company 3
... TechniScan (OTC Bulletin Board: TSNI ), a ... an automated 3D breast ultrasound imaging system, announced today that ... with Austin, Texas-based Womens3D. These agreements follow ... January 2011 in which they agreed to jointly develop a ...
... PDL BioPharma, Inc. (PDL) (Nasdaq: PDLI ... company,s president and chief executive officer, is scheduled ... Markets Healthcare ConferenceWednesday, March 2, 20119:00 a.m. Eastern ... Health Care Conference Tuesday, March 8, 201111:00 a.m. ...
Cached Medicine Technology:Breast Imaging Company, TechniScan, Signs Manufacturing Agreement With Texas Company 2
(Date:5/28/2015)... Sexual Health Innovations, a nonprofit organization ... and wellbeing in the United States, announced this ... will be the first institution to adopt Callisto, ... system. , Callisto is designed to provide ... for college sexual assault survivors, to give schools ...
(Date:5/28/2015)... 28, 2015 Optimity Advisors ( ... innovative models of care for healthcare organizations worldwide ... reimbursements and help operationalize contracting and engagement models. ... a bi-weekly series of seven “ OrangePapers” ... Contracting. Optimity is a strategy, operations and information ...
(Date:5/28/2015)... 28, 2015 Cancer survivors who participated ... in physical activity, fitness and quality of life, according ... Cancer Center and Jennifer Ligibel, MD, senior physician in ... Farber Cancer Institute. The findings will be presented at ... Annual Meeting in Chicago. , The ...
(Date:5/28/2015)... The drug epidemic has struck the New College ... May 12th, 2015, by Bradenton , the campus sustained ... first victim, Dylan Besser (21) was a University of Central ... second overdose victim, Julian Toomsen-Hall (18) was also pronounced dead ... deaths on campus, the college has created a drug task ...
(Date:5/28/2015)... With the price of advanced diagnostic procedures ... equipment becomes more sophisticated, Cypress Benefit Administrators ... 60% off test costs on behalf of its participating ... partnered with One Call Care Management to offer a ... for diagnostic testing while still maintaining the highest standards ...
Breaking Medicine News(10 mins):Health News:University of San Francisco Becomes First in the Nation to Adopt College Sexual Assault Reporting System 2Health News:University of San Francisco Becomes First in the Nation to Adopt College Sexual Assault Reporting System 3Health News:Optimity Advisors Now Offers Outcomes Based Contracting Services to Support Engagement Model For New Healthcare Innovative Models of Care 2Health News:LIVESTRONG at the YMCA Program Shows Significant Gains for Cancer Survivor Participants 2Health News:LIVESTRONG at the YMCA Program Shows Significant Gains for Cancer Survivor Participants 3Health News:LIVESTRONG at the YMCA Program Shows Significant Gains for Cancer Survivor Participants 4Health News:Two College Campus Deaths Force Sarasota College to Create Drug Task Force 2Health News:Two College Campus Deaths Force Sarasota College to Create Drug Task Force 3Health News:TPA Offers Clients Solution for More Cost-Effective Diagnostic Testing, Results in Average Savings of 60% 2
... would work better than a "salt tax," study finds ... government-industry initiative to reduce U.S. sodium consumption by as ... and billions of dollars, according to new research. , ... to heart attacks and stroke. , "Per person on ...
... behavior to more time to cope, , MONDAY, March ... much time people have to react has a lot ... if a new critique of the infamous Titanic and ... comparative look at who survived two of the 20th ...
... ... ... ... ...
... A team of researchers at UMass Lowell has found ... Alzheimer,s disease can spread within the human brain. The ... gives new hope that the disease may someday be cured. ... a normal human protein that becomes toxic in Alzheimer,s patients, ...
... ... ... ... ...
... ... ... ... NEW YORK , March 1 Maria D. Solomon is recognized by Continental Who,s Who among ...
Cached Medicine News:Health News:Cutting Salt Could Prevent Almost 500,000 Heart Attacks 2Health News:Cutting Salt Could Prevent Almost 500,000 Heart Attacks 3Health News:Titanic Passengers Less Selfish Than Some in Other Disasters 2Health News:Titanic Passengers Less Selfish Than Some in Other Disasters 3Health News:Titanic Passengers Less Selfish Than Some in Other Disasters 4Health News:National Study Reports Staggering Spending Increases Among Seniors With Chronic Conditions Through Original Medicare - Special Needs Plan Program Offers Solution For Those In Texas 2Health News:National Study Reports Staggering Spending Increases Among Seniors With Chronic Conditions Through Original Medicare - Special Needs Plan Program Offers Solution For Those In Texas 3Health News:National Study Reports Staggering Spending Increases Among Seniors With Chronic Conditions Through Original Medicare - Special Needs Plan Program Offers Solution For Those In Texas 4Health News:FDA Appoints Highly Qualified Scientific Experts to Tobacco Products Scientific Advisory Committee 2Health News:FDA Appoints Highly Qualified Scientific Experts to Tobacco Products Scientific Advisory Committee 3Health News:Maria D. Solomon is Recognized by Continental Who’s Who Among Health Care Professionals 2
... Marco could offer you a choice of two ... Chart Projector uses a halogen bulb for longer ... use. The Marco Chart Projector offers a lower ... includes a thermistor for extended bulb life. And ...
... you a choice of two feature-packed projectors ideal ... a halogen bulb for longer life -- up ... Chart Projector offers a lower initial cost with ... for extended bulb life. And both provide exceptionally ...
... Series features a modernized optical design and ... light more efficiently, producing a measurable 20% ... breakthrough optical quality of the Ultra Series ... light transmission, a 15% expanded field of ...
With the touch of a button, the Marco Encore Automatic Chair quickly reclines from an upright position to a fully horizontal, flat-table mode-or anywhere in between....
Medicine Products: