Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Lifeline Scientific FY11 Profit Rises

Lifeline Scientific, Inc. (LSI.L) reported that its full-year 2011 net income attributable to co. increased to $3.47 million from $2.20 million last year. On a per share basis, earnings was $0.17 versus 0.12 year-ago.

For the twelve months, net income totaled $3.27 million compared to $1.99 million previous year.

Operating profit for the period decreased to $1.9 million from $4.5 million prior year reflecting planned strategic investments in product development and geographic expansion.

The company's total revenue advanced to $25.39 million from year ago's $23.17 million, primarily due to increased unit sales of LifePort Kidney Transporter and a significant increase in sales of solutions and consumable products.

Click here to receive FREE breaking news email alerts for Lifeline Scientific and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss drug maker Roche Holding said a late-stage trial of its breast cancer drug Kadcyla did not provide superior results compared with an existing therapy. FCA US, until recently known as Chrysler, said Friday it is recalling 257,000 Dodge Ram pickups. The auto maker says the rear axle pinion nut on certain model year 2005 Dodge Ram 1500 trucks may loosen due to an undersized spline on the pinion gear. If the pinion nut loosens, the rear axle may... This medical device company has a very impressive track record of growing business over the past decade. increasing sales from $490.2 million in 2004 to $1.72 billion this year. The Silicone Hydrogel daily disposable lens portfolio constitutes a major avenue for growth.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.