Aspect Medical Systems, Inc. Reports Operating Results for Second Quarter Ended June 30, 2007.
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Aspect Medical Systems, Inc. Reports Operating Results for Second Quarter Ended June 30, 2007.
Highlights of Q2 2007 Compared with Q2 2006
* Product revenue increased 9% to $23.1 million * Sensor revenue increased 17% to $18.6 million * Installed base of BIS monitors and modules exceeded 43,300 units, which represents an increase of 20% from the end of Q2 2006 * GAAP income before taxes was $3.4 million, or $0.15 per diluted share in Q2 2007, compared with $2.2 million, or $0.09 per diluted share in Q2 2006 * Non-GAAP income before taxes (which is exclusive of stock-based compensation) was $5.5 million in Q2 2007, or $0.24 per diluted share, compared with $3.8 million, or $0.16 per diluted share in Q2 2006 NORWOOD, Mass. -- Aspect Medical Systems, Inc. (NASDAQ: ASPM), reported today that revenue was $26.6 million for Q2 2007, an increase of 18% over revenue of $22.6 million in Q2 2006. Product revenue was $23.1 million, a 9% increase from $21.2 million in Q2 2006. Our financial results for Q2 2007 were significantly influenced by the conclusion of the Boston Scientific alliances, the purchases of Aspect shares from Boston Scientific, and the issuance of $125 million ...See the full content of this document
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