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 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 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.
Japan Lifeline Co Ltd <7575.T>: Says it will merge a wholly owned unit JUNKEN MEDICAL Co Ltd on Jan. 1, 2017 .Says JUNKEN MEDICAL Co Ltd will be dissolved after the merger.
Azure Healthcare Ltd : 2016 guidance . Has observed in respect of its operating performance for the current quarter ended 30 June 2016 a slowing in revenue . Anticipates a net loss after tax for the 12 months ending 30 June 2016 in the range of $3.3 to $3.6 million . Has commenced a process to assess the potential value that could be generated by the sale of its cellguard business .Says expects that all restructuring programs and initiatives will be completed by 31 December 2016.
Alfresa Holdings Corp <2784.T>: Says its wholly owned Tokyo-based subsidiary Alfresa Corporation to merge a wholly owned Aichi-based subsidiary CS YAKUHIN CO., LTD. . Says Alfresa Corporation to be survival company .Says the merger planned effective on Oct. 1.
Pihsiang Machinery Mfg Co Ltd:Says subsidiary Shoprider Mobility Products, Inc. to merge with wholly owned subsidiary AC Management Inc.AC Management Inc. will dissolve after merger.Merger record date April 20.
Alfresa Holdings Corp:Says the co's Hiroshima-based wholly owned subsidiary to transfer ethical pharmaceuticals selling business in Kyushu area to the co's Tokyo-based wholly owned subsidiary Alfresa Corporation effective on July 1.