Thursday, Kensey Nash Corp. (KNSY) reported first-quarter net income of $4.9 million, down from net income of $5.2 million in the same quarter last year. On a per share basis, net income was $0.43, flat with the year ago quarter.
On average, six analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter was $19.7 million, down 2% from $20.1 million in the comparable quarter last year. Analysts expected the company to report revenue of $20.44 million for the quarter.
Looking ahead to the second quarter, the company expects total revenues to be in the range of $19.3 million - $20.1 million and net sales in the range of $12.5 million - $13.0 million. The company expects earnings in the range of $0.37 - $0.40. Excluding items, earnings are expected to be in a range of $0.42 - $0.45 per share. Analysts currently anticipate the company to earn $0.43 per share on revenue of $21.56 million.
For the full year 2010, the company expects total revenues in the range of $82.5 million - $86 million and net sales in the range of $55.5 million - $57 million. Earnings is expected to be in the range of $1.76 - $1.80 per share, with adjusted earnings in the range of $1.81 - $1.85 per share. Analysts currently anticipate the company to earn $1.75 per share on revenue of $86.62 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.