Volcano Corporation (VOLC) reported a fourth-quarter net loss of $12.07 million or $0.25 per share compared to profit of $1.36 million or $0.03 per share last year.
Non-GAAP net income increased to $6.96 million or $0.14 per share from $4.17 million or $0.08 per share last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share for the quarter. Analysts' estimates typically exclude special items. Revenues increased to $71.01 million from $49.25 million a year ago. Analysts expected revenue of $68.37 million for the quarter.
The company provided financial guidance for 2010. On a consolidated basis, Volcano expects total revenues in fiscal 2010 of $277 million-$282 million. On a GAAP basis, the company expects to report net income of $0.05-$0.10 per diluted share. Excluding stock-based compensation expense of approximately $13.3 million, Volcano expects to report net income of $0.30-$0.35 per diluted share for fiscal 2010.
The company expects to be profitable on a GAAP basis beginning in the third quarter of fiscal 2010 and profitable on a GAAP basis for all of fiscal 2010.
For comments and feedback contact: editorial@rttnews.com
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.