logo
Share SHARE
FONT-SIZE Plus   Neg

Kips Bay Medical Q4 Loss Widens - Quick Facts

Kips Bay Medical, Inc. (KIPS) reported that its fourth-quarter net loss widened to $1.1 million, or $0.07 per share, from $803,000, or $0.06 per share, in the fourth quarter of 2010.

Net sales were $94,000, down from $116,000 in the fourth quarter of 2010. The decrease in net sales during the current quarter is due to limited availability of reimbursement to hospitals moderating the usage of the Company's eSVS MESH.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Quote-to-Cash software provider Apttus is planning Initial Public Offering in the first half of 2017, reported MarketWach. General Mills Inc. has issued a voluntary national recall of four specific flavors of Nature Valley Protein Chewy Bars and Nature Valley Simple Nut Bars due to potential Listeria contamination. The recall is being issued as part of sunflower kernel supplier SunOpta Inc.'s ongoing national recall for the potential presence of Listeria monocytogenes. Live-streaming video platform Twitch has introduced an animated way to show support for your favorite streamers. The company has introduced the beta of a new feature called "Cheering," which enables a viewer to buy animated chat emotes and post them in Twitch chat to show their support to streamers as well as financially compensate them.
comments powered by Disqus
Follow RTT