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Women's health revenues grow 58%.
2003 AUG 18 - (NewsRx.com & NewsRx.net) -- American Medical Systems Holdings, Inc., (AMMD) reported record sales in the second quarter of 2003 of $42.2 million, a 16% increase over sales of $36.3 million in the comparable quarter of 2002 (13% without gain from currency exchange rate changes).
Net income in the quarter was $6.3 million, or $0.19 per share, up 11% from $5.7 million, or $0.17 per share, in the comparable quarter of 2002.
Sales in the 6 months through June 2003 were $81.6 million, up 15% from sales of $71.0 million in 2002 (12% without gain from currency exchange rate changes). Net income in the 6 months was $11.8 million, or $0.35 per share, up 6% from $11.1 million, or $0.33 per share in 2002. Net income in the first half of 2002 benefited from a one-time gain with the company's pension fund termination, without which 2002 net income would have been $10.7 million, or $.31 per share.
Douglas W. Kohrs, president and ...
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Source: HighBeam Research, Women's health revenues grow 58%.