Close

Feltl & Co Upgrades Cardiovascular Systems (CSII) to Strong Buy

Go back to Feltl & Co Upgrades Cardiovascular Systems (CSII) to Strong Buy

Cardiovascular Systems, Inc. Reports Fiscal 2017 First-Quarter Financial Results

October 26, 2016 4:06 PM EDT

Conference Call Scheduled for Today, October 26, 2016, at 3:45 PM CT (4:45 PM ET)

Revenues of $49.8 million grew 14% compared to first quarter last year Peripheral revenue resumed year-over-year growth, increasing 9% to $38.2 million Coronary revenue grew 33% to $11.6 million Net loss improved $11.4 million to $(1.9) million Adjusted EBITDA was positive at $2.6 million Cash decline of $2.4 million included a $3.0 million payment to the Department of Justice LIBERTY 360°... More