SonoSite, Inc. (SONO) provided preliminary revenue results for the fourth quarter and year ended December 31, 2009. Overall 2009 revenue was about $69 million in the fourth quarter and $227 million for the year. Overall revenue included $4 million for the fourth quarter and $7 million for the year from the recently acquired CardioDynamics International Corp..
Excluding CardioDynamics, revenue was down 7% in the fourth quarter and down 10% for the year compared to the prior year. For the quarter, a decrease in military orders caused a 6% revenue decline. Changes in foreign currency rates increased revenue in the fourth quarter by 4% but decreased revenue by 2% for the year.
The revenue estimates are preliminary. SonoSite plans to report complete fourth quarter and 2009 financial results on February 11, 2010 after the close of the financial markets.
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