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Article: Orthofix Reports Record Quarterly Sales of $79.5 Million for the Second Quarter 2005; 2nd Quarter Net Income Increases 19% to $9.4 million, or $0.58 per Diluted Share.
- Article from:
- Business Wire
- Article date:
- July 28, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HUNTERSVILLE, N.C. -- Orthofix International N.V., (NASDAQ:OFIX) today announced results for the second quarter and six months ended June 30, 2005.
Sales for the second quarter ended June 30, 2005, were $79.5 million, an increase of 12% over the $70.8 million reported during the same period in 2004. The incremental impact of foreign currency on sales for the second quarter of 2005 was a positive $0.9 million or 1.1%.
Net income for the second quarter ended June 30, 2005, was $9.4 million, or $0.58 per diluted share, an increase of 19%, compared with $7.9 million, or $0.50 per diluted share, for the same period in 2004. Diluted weighted average shares ...
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