Key Developments: Vital Images, Inc. (VTAL.O)
14.64USD
9 Feb 2010
$-0.03 (-0.20%)
$14.64
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$14.77
$14.50
59,852
130,345
$14.93
$8.54
Latest Key Developments
Vital Images, Inc. Reaffirms FY 2009 EBITDA Guidance; Comments On Long Term Guidance-Conference Call
Vital Images, Inc. announced that it expects strong adjusted EBITDA in fiscal 2009 and remain committed to long-term top and bottom line growth. According to Reuters Estimates, analysts on an average are expecting the Company to report EBITDA of $2.2 million for fiscal 2009.
Vital Images, Inc. And Sectra Expand Partnership
Vital Images, Inc. and analysis software, and Sectra, a IT and medical-technology company, deepened their relationship by expanding the advanced visualization solution offered to Sectra's PACS (picture archive and communication system) customers. As part of the expanded partnership, Sectra will offer its customers Vital Images' Vitrea Enterprise Suite as an additional option integrated with Sectra's PACS platform, which will include centralized data management. Vitrea Enterprise Suite provides Sectra's customers and potential clients with a Web-based advanced visualization solution seamlessly integrated with Sectra PACS. This will allow physicians universal access to a unified platform of advanced applications including cardiac, vascular, neuro, virtual colonoscopy as well as other functionality via the PACS interface.
Foundation Radiology Group and Vital Images, Inc.'s Partnership Brings Advanced Visualization to Small Medical Communities Nationwide
Foundation Radiology Group (FRG), the provider of diagnostic imaging professional services and Vital Images, Inc. announced that they have partnered to bring Vital Images' advanced visualization software to FRG's customer base. FRG will utilize Vital Images' full suite of software exclusively with its customer base of over 20 non-university affiliated, suburban and rural healthcare institutions.
Vital Images, Inc. Reaffirms FY 2009 EBITDA Guidance-Conference Calls
Vital Images, Inc. announced that the Company continues to expect positive EBITDA in fiscal 2009. According to Reuters Estimates, analysts are expecting the Company to report EBITDA of $3.59 million for the same period.
Vital Images, Inc. Introduces Vitrea Enterprise Suite
Vital Images, Inc. announced that it introduces Vitrea Enterprise Suite, which combines the company's powerful 2D, 3D and 4D clinical applications and world-class services with a centralized solution for managing volumetric image data across the medical enterprise. The centralized data management solution, called Vital Image Management System (VIMS), delivers universal access to a single source of imaging data across the medical enterprise.
Vital Images, Inc. Reaffirms FY 2009 EBITDA Guidance; To No Longer Provide Financial Guidance
Vital Images, Inc. remained confident in strong adjusted EBITDA profitably in fiscal 2009. However, due to the difficult economic environment and associated uncertainty in hospital capital spending, and resulting longer sales cycles, the Company will no longer provide 2009 financial guidance. According to Reuters Estimates, analysts were expecting the Company to report EBITDA of $1.27 million for fiscal 2009.
Vital Images, Inc. Announces Share Repurchase Program
Vital Images, Inc. announced that its Board of Directors has approved a new share repurchase program authorizing up to an additional one million shares to be repurchased on the open market.
Vital Images, Inc. Issues FY2009 Mixed Guidance
Vital Images, Inc. announced that for fiscal 2009, it expects revenue to be in the range of $61.0-$66.0 million and non-GAAP adjusted EBITDA to be in the range of $2.0-$5.0 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $73.4 million and EBITDA of $1.85 million for the same period.
Vital Images, Inc. and Toshiba Sign Co-Development Agreement
Vital Images, Inc., and Toshiba Medical Systems Corporation (Toshiba), have signed a co-development and collaboration agreement in which they will enter into a mutual license of intellectual property and will jointly invest to develop and deliver technology advancements for Toshiba's modalities, including the Aquilion ONE CT scanner, and Vital Images' advanced visualization software solutions. The Companies recently announced the renewal of their distribution agreement, which has been extended until 2013. The lengthened term of the new contract, complemented by the co-development and collaboration agreement, enables the companies to jointly drive new technology and closely collaborate in developing and launching industry advanced visualization solutions for medical imaging.
Vital Images, Inc. Reaffirms FY 2008 Guidance
Vital Images, Inc. maintained its fiscal 2008 guidance and expects revenue in the range of $66.0-$ 72.0 million, adjusted EBITDA in the range of breakeven to $5.0 million, net income (loss) in the range of $(4.9)-$(1.7) million and earnings per share (EPS) in the range of $(0.30)-$(0.10). According to Reuters Estimates, analysts were expecting the Company to report net loss of $(4.1) million, loss per share of $(0.25) on revenues of $68.5 million for the same period.
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