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VNUS Medical Technologies Reports Fourth-Quarter 2005 Results: $0.05 Earnings Per Share on $13.5 Million Net Revenues.
21% Revenue Growth Year-over-Year
SAN JOSE, Calif., March 1 /PRNewswire-FirstCall/ -- VNUS(R) Medical Technologies, Inc. , a leading provider of medical devices for the minimally invasive treatment of peripheral vascular disease, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2005.
Net revenues for the fourth quarter were $13.5 million, an increase of 21% from $11.2 million for the corresponding quarter of 2004 and an increase of 12% from $12.1 million for the third quarter of 2005. Net revenue growth from the same period last year was driven principally by increased sales of proprietary disposable ...
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