Kensey Nash Corp. (KNSY) reported that its second-quarter net income decreased to $3.66 million or $0.32 per share from $5.24 million or $0.44 per share last year.
Adjusted earnings per share were $0.43 compared to $0.44 prior year.
On average, 5 analysts polled by Thomson Reuters expected the company to report profit of $0.39 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues decreased to $19.07 million from $20.80 million a year ago. Analysts expected revenue of $20.05 million for the quarter.
The company has reiterated its revenues and earnings guidance. Total revenues for fiscal 2010 are expected to be in the range of $79.0 million-$81.0 million. Adjusted earnings per share are expected to be in the range of $1.81-$1.85 and earnings per share are expected to be in the range of $1.70-$1.74.
The company is currently estimating that third quarter total revenues will be in the range of $19.5 million-$20.2 million. The company currently expects third quarter earnings per share in the range of $0.43-$0.45.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.