Quarterly and Annual Financial Results Release, Executive Appointments, Upcoming Conferences, and Promotion Announcements - Analyst Notes on NuVasive, IPC, Portola, ICU Medical, and Prothena
NEW YORK, March 5, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts Review released its analysts' notes regarding NuVasive, Inc. (NASDAQ: NUVA), IPC The Hospitalist Company, Inc. (NASDAQ: IPCM), Portola Pharmaceuticals, Inc. (NASDAQ: PTLA), ICU Medical, Inc. (NASDAQ: ICUI), and Prothena Corporation PLC (NASDAQ: PRTA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
NuVasive, Inc. Analyst Notes
On March 3, 2014, NuVasive, Inc. (NuVasive) reported Q4 2013 and full year 2013 financial results. During the quarter, the Company's revenue came in at $190.8 million, up 15.1% YoY, while full year total revenue of $685.2 million was up 10.5% YoY. Q4 2013 net income attributable to NuVasive was $6.0 million, or $0.13 per diluted share, compared to a net loss of $2.7 million, or $0.06 loss per diluted share, in Q4 2012. Full-year 2013 net income attributable to the Company was $7.9 million, or $0.17 per diluted share, compared to $3.1 million, or $0.07 per diluted share, in full year 2012. "2013 results clearly demonstrate that NuVasive's market share taking strategy is thriving. Importantly, we are cultivating the drivers that will support top and bottom line growth for many years to come. We are leveraging our unrivaled years of experience and research to continue championing the global market conversion toward less invasive spine solutions. And our commitment to innovation has conceived a pipeline that may dwarf all that we have accomplished so far," said Alex Lukianov, Chairman and CEO of NuVasive. The full analyst notes on NuVasive, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/NUVA/report.pdf
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IPC The Hospitalist Company, Inc. Analyst Notes
On March 3, 2014, IPC The Hospitalist Company, Inc. (IPC) announced the appointment of John H. Cassin to the position of Executive Director for the Company's Colorado region. Under the new role, Cassin will be responsible for the operational supervision of IPC's Colorado regional services for both acute and post-acute care business, as well as for delivering on the Company's ongoing commitment to align its clinicians with the operational goals of client facilities and payers. According to IPC, Cassin will report directly to Glenn Appelbaum, the Company's Senior Vice President for Operations. Prior to joining the Company, Cassin served as Regional Vice President of Operations at Sound Physicians. The full analyst notes on IPC The Hospitalist Company, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/IPCM/report.pdf
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Portola Pharmaceuticals, Inc. Analyst Notes
On February 27, 2014, Portola Pharmaceuticals, Inc. (Portola) reported Q4 2013 and full-year 2013 financial results. In Q4 2013, the Company's collaboration and license revenue grew 5.1% YoY to $2.1 million, while full year 2013 collaboration and license revenue of $10.5 million was down 85.4% YoY. Q4 2013 net loss stood at $25.1 million, or $0.63 loss per diluted share, compared to a net loss of $13.8 million, or $10.02 loss per diluted share, in Q4 2012. Full year 2013 net loss was $83.4 million, compared to net income of $11.4 million in full year 2012. "We have a clear strategy focused on biomarker or genetic approaches to clinical development that we believe will increase the probability of clinical, regulatory and commercial success of our late-stage pipeline. Additionally, we believe we currently have sufficient capital to independently advance our three late-stage proprietary assets to value-creating clinical and manufacturing milestones through 2015," said William Lis, CEO of Portola. The full analyst notes on Portola Pharmaceuticals, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/PTLA/report.pdf
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ICU Medical, Inc. Analyst Notes
On March 3, 2014, ICU Medical, Inc. (ICU) announced that it will be participating at the 26th Annual ROTH Conference to be held from March 9 to March 12, 2014 at the Ritz-Carlton Hotel in Laguna Niguel, California. According to ICU, its CEO Scott Lamb is scheduled to present on March 10, 2014 at 12:30 p.m. PT. The presentation will be webcast live and can be accessed by going to the Company's website. The full analyst notes on ICU Medical, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03052014/ICUI/report.pdf
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Prothena Corporation PLC Analyst Notes
On March 3, 2014, Prothena Corporation PLC (Prothena) announced the promotion of Tara Nickerson, PhD, MBA, to the position of Chief Business Officer. Under the position, Dr. Nickerson will be responsible for leading corporate and business development, as well as alliance management efforts of the Company. Prior to the promotion, Dr. Nickerson served as Prothena's Head of Corporate and Business Development. Commenting on the promotion, Dr. Dale Schenk, President and CEO of Prothena said, "Tara has brought significant business and biotechnology expertise to Prothena since our inception. As our Chief Business Officer, she can provide critical leadership to advance our research and clinical pipeline." The full analyst notes on Prothena Corporation PLC are available to download free of charge at:
http://www.AnalystsReview.com/03052014/PRTA/report.pdf
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