I-Flow (IFLO) Reports Q1 Loss of $0.15, Revs Up 9%
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- I-Flow (IFLO) Posts Q3 EPS of 3c, Beats by 3c
- I-Flow Reports Profitable 2009 Third Quarter as Total Revenue Increased 14% to $36.7 Million
- Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of I-Flow Corporation
- Kimberly-Clark Begins Tender Offer to Acquire I-Flow Corporation
I-Flow Corp. (Nasdaq: IFLO) reports a Q1 loss of $0.15, which may not compare to the analyst estimate of a $0.15 los. Revenue for the quarter rose 9% $30.9 million, versus the consensus of $29.9 million.
Commenting on its outlook, the company said, "Bearing in mind that today's volatile market conditions make forecasting even more of a challenge than usual, we continue to expect I-Flow to be profitable in 2009, excluding any special charges, and cash flow positive on growth in total revenue of approximately five to seven percent, including growth in RA of approximately five to ten percent."
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