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Article: Zoll Medical Corporation Announces Record Fourth Quarter Revenues and Improved Operating Results.
- Article from:
- Business Wire
- Article date:
- November 20, 1998
CopyrightCOPYRIGHT 1998 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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BURLINGTON, Mass.--(BUSINESS WIRE)--Nov. 20, 1998--
--Also Announces the Appointment of Vice President of
International Sales-
ZOLL Medical Corporation (Nasdaq: ZOLL), a manufacturer of non-invasive cardiac resuscitation devices which provide pacing and defibrillation, today announced operating results for its fiscal fourth quarter and year ended September 26, 1998.
For the fourth quarter, the Company achieved record net revenues of $16.2 million, compared to $15.7 million for the year-ago quarter. Gross margins for the quarter increased to 56% from 51% in last year's fourth quarter as a result of operating efficiencies and improved ...