ArthroCare Reports 39 Percent Revenue Growth and 90 Per Cent Increase in Pre-Tax Income in Third Quarter; Company Invests In Growth Strategy.
Business Wire › October 29, 2001
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ArthroCare Reports 39 Percent Revenue Growth and 90 Per Cent Increase in Pre-Tax Income in Third Quarter; Company Invests In Growth Strategy.
Business Editors
SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 29, 2001 ArthroCare Corporation (Nasdaq:ARTC) today reported that in the third quarter of 2001, ended September 29, pretax income increased 90 percent to $4.0 million compared with $2.1 million in the third quarter of 2000. Total third quarter revenues reached $21.9 million in 2001, compared with $15.7 million posted in the same quarter of last year. Third quarter product sales increased 32 percent to $19.7 million compared with $14.9 million in the third quarter of 2000. Net income was $2.6 m...See the full content of this document
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