Companies in the Healthcare Sector Report Financial Results, and Scheduled Conference calls - Research Report on OXiGENE, BioTelemetry, Abiomed, Emeritus, and Genomic Health
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NEW YORK, November 11, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting OXiGENE, Inc. (NASDAQ: OXGN), BioTelemetry Inc. (NASDAQ: BEAT), Abiomed Inc. (NASDAQ: ABMD), Emeritus Corp. (NYSE: ESC), and Genomic Health Inc. (NASDAQ: GHDX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
OXiGENE, Inc. Research Report
On November 4, 2013, OXiGENE, Inc. (OXiGENE) announced that it will report its Q3 2013 financial results on Tuesday, November 12, 2013. The Company informed that it will host a conference call and its webcast on the same day at 4:30 p.m. ET (1:30 p.m. PT). OXIGENE stated that the live audio webcast and archive of the same will be available under the Investors section of the Company website. The Full Research Report on OXiGENE, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/f6ec_OXGN]
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BioTelemetry Inc. Research Report
On November 5, 2013, BioTelemetry Inc. (BioTelemetry) released its Q3 2013 financial results. Revenue was up by 17.9% YoY to $31.9 million during the quarter. The Company reported adjusted net income of $339,000 in Q3 2013, versus adjusted net loss of $1.9 million in Q3 2012. Net loss during the quarter stood at $3 million compared to $3.1 million in Q3 2012. Commenting on the results, Joseph Capper, President and CEO of the Company stated, "We are extremely pleased that our first quarter as BioTelemetry, Inc. was a successful one. We posted an 18% increase in revenue to $32 million which produced $3.6 million of adjusted EBITDA, up $3.3 million over the third quarter of 2012. The quarter was filled with many accomplishments as we established our new corporate structure, increased our patient services volume, posted solid financials, signed a contract to service Kaiser Permanente, received FDA approval of CardioKey and improved our balance sheet. The business clearly has excellent momentum and we expect to continue to fuel growth through the disciplined execution of our strategic plan." The Full Research Report on BioTelemetry Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/d815_BEAT]
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Abiomed Inc. Research Report
On November 6, 2013, Abiomed Inc. (Abiomed) released its Q2 FY 2014 financial results (period ended September 30, 2013) with revenues of $44.3 million, up by 18.5% YoY. Net income arrived at $1.1 million or $0.03 per diluted share in Q2 FY 2014, compared to $5.5 million or $0.13 per diluted share in Q2 FY 2013. Michael R. Minogue, Chairman, President and CEO of the Company, stated, "Abiomed achieved many new quarterly records on Impella utilization, including most overall patients, most prophylactic patients and most emergent patients. We are on track to transform into a PMA and PMDA company while setting new records in patient utilization and completing enrollment in our Impella RP study." For full-year FY 2014, the Company anticipates revenue to be in the range of $180 million to $185 million. The Full Research Report on Abiomed Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/ea34_ABMD]
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Emeritus Corp. Research Report
On November 5, 2013, Emeritus Corp. (Emeritus) released its Q3 2013 financial results. Total operating revenues were up by 29.0% YoY to $491.7 million during the quarter. Net loss attributable to the Company's common stock holders stood at $27.8 million or $0.59 per diluted share in Q3 2013, compared to $16.3 million or $0.36 per diluted share in Q3 2012. Granger Cobb, the Company's President and CEO stated, "Occupancy improved sequentially from the second quarter of this year, and our leading indicators are stable and improving. We continue to expect a roughly 20% improvement in cash from facility operations for the full year 2013. During the quarter we welcomed 39 new communities into the Emeritus family; we also continue to generate solid growth in home healthcare services, which we have expanded to now include Arizona and Texas. Our performance is a tribute to our 31,000 extremely dedicated Emeritus employees who remain resolutely focused on providing a fulfilling customer experience for our residents and peace of mind to their families." The Full Research Report on Emeritus Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/d611_ESC]
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Genomic Health Inc. Research Report
On November 5, 2013, Genomic Health Inc. (Genomic Health) released its Q3 2013 financial results. Total revenues were up by 12.5% YoY to $66 million during the quarter. Net income was $488,000 or $0.02 per diluted share in Q3 2013, compared to $3.7 million or $0.11 per diluted share in Q3 2012. Kim Popovits, Chairman of the Board, CEO and President of the Company stated, "Our strong third quarter performance, including 13 percent year-over-year growth in product revenue, was driven by double digit test volume growth in all areas of our business. Success in the quarter was also highlighted by increased adoption of our prostate cancer test and NICE's recommendation of Oncotype DX as the only test to help clinicians decide whether to prescribe chemotherapy in patients with early-stage, hormone receptor-positive, invasive breast cancer." The Full Research Report on Genomic Health Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/db58_GHDX]
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