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Medical Equipment, Supplies & Distribution

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Lombard Medical reports Q2 loss per share $0.42

Monday, 22 Aug 2016 04:00pm EDT

Lombard Medical Inc : Reports 2016 second quarter, six-month financial results and provides update on strategic initiatives . Q2 loss per share $0.42 . Q2 revenue $3.8 million versus I/B/E/S view $3.8 million . Q2 earnings per share view $-0.40 -- Thomson Reuters I/B/E/S . Board of directors has engaged Cain Brothers as its investment banker to begin a process of exploring strategic alternatives . Exploring strategic alternatives, including a potential sale of company or disposition of certain assets . Company will also be evaluating additional financing opportunities . Allocating resources to support new Altura AAA stent graft system and Intelliflex LP delivery system for Aorfix in European Union, Japan and other international markets . Due to suspension of US commercial operation, says "prudent" to amend revenue guidance for year to between $13 million and $15 million .Aorfix sales force in us has been eliminated and majority of commercial operations have transitioned to company's facility in UK.

Merit Medical reports sales up 9.4% for the quarter ended June 30, 2016

Wednesday, 27 Jul 2016 04:00pm EDT

Merit Medical Systems Inc : During upcoming quarters, we expect to complete restructuring and integration of DFINE operations . "We anticipate that we will introduce two new hero products during Q3" . Merit medical reports sales up 9.4% for the quarter ended June 30, 2016 . Q2 Non-GAAP earnings per share $0.26 . Q2 GAAP earnings per share $0.16 . Q2 revenue $151.1 million versus I/B/E/S view $147.8 million .Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.

Kawanishi Holdings announces merger between two units

Thursday, 30 Jun 2016 02:45am EDT

Kawanishi Holdings Inc <2689.T>: Says a Okayama-based wholly owned unit, which is engaged in selling medical equipment, will undertake a merger with another wholly owned unit, which is engaged in selling medicine and medical machines, on Jan. 4, 2017 .Says the unit engaged in selling medicine and medical machines will be dissolved after the merger.

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