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Article: Inamed Reports 2002 Fourth Quarter and Full Year Results, Reaffirms Guidance for 2003.
- Article from:
- Business Wire
- Article date:
- February 25, 2003
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Business Editors
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Feb. 25, 2003
Inamed Corporation (Nasdaq:IMDC):
-- Fourth quarter sales $73.9 million, up 21% over fourth quarter 2001; full year sales $275.7 million, up 16% over 2001.
-- Fourth quarter and full year gross profit margin 72%. Excluding charges related to the previously announced manufacturing consolidation, gross profit margin was 73% for the fourth quarter.
-- Fourth quarter GAAP diluted earnings per share $0.39, up 30% from $0.30 in fourth quarter 2001; full year GAAP diluted earnings per share $1.50, up 55% from $0.97 in 2001.
-- Fourth quarter diluted cash earnings per share, $0.57, ...