Volcano Corporation (VOLC) Tops Q1 EPS by 5c; Cuts FY11 Outlook

May 4, 2011 4:20 PM EDT
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Price: $17.99 --0%

Financial Fact:
Gross profit: 60.17M

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Volcano Corporation (NASDAQ: VOLC) reported Q1 EPS of $0.02, $0.05 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $81 million versus the consensus estimate of $78.4 million.

Cuts FY2011 EPS from $0.22 - $0.24 to $0.19-$0.21, versus the consensus of $0.20.

Also cuts FY2011 revenue outlook from $347 - $352 million to $342-$347 million, versus the consensus of $345.4 million.


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