Conceptus Inc. (CPTS) reported that its first-quarter of 2013 net income was $1.9 million, or $0.05 per share, compared to a net loss of $2.8 million, or $0.09 per share in the first quarter of 2012. Analysts polled by Thomson Reuters expected the company to report a loss of $0.01 per share for the quarter. Analysts' estimates typically exclude special items.
Adjusted earnings before interest, taxes, depreciation, amortization and stock-based compensation for the first quarter of 2013 were $7.7 million, compared with breakeven in the first quarter of 2012.
Total revenues for the quarter were $34.1 million, representing 17.5% growth over the prior year period. U.S. sales were $26.5 million, representing 21.7% growth over the prior year period. International sales were $7.6 million, representing 5.0% growth over the prior year period. Twelve analysts had consensus revenue estimate of $32.04 million for the quarter.
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