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Article: Cardiovascular Systems Reports Fiscal First-Quarter 2010 Financial Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 4, 2009
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First-Quarter Net Loss Improves 55 Percent Over Prior Year on 30-Percent Revenue Increase, Gross Margin Improvements and Expense Control
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ST. PAUL, Minn. -- Cardiovascular Systems, Inc. (CSI) (Nasdaq: CSII), a medical device company developing and commercializing innovative interventional treatment systems for vascular disease, today reported financial results for its fiscal first quarter ended September 30, 2009.
CSI's revenue in the first quarter of fiscal 2010 rose to $15.2 million, a 30-percent increase over revenue of $11.6 million in the first quarter of last ...