Misonix, Inc. Announces Third Quarter Fiscal Year 2015 Financial Results

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Misonix (MSON) Misses Q3 EPS by 1c

May 7, 2015 4:54 PM EDT

Misonix (NASDAQ: MSON) reported Q3 EPS of $0.05, $0.01 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $5.3 million, versus $4.3 million reported last year.

Michael A. McManus Jr., President and CEO stated, "The second half of fiscal year 2015 has started off very strong with revenue increases of 24% and 35% for the third quarter and the nine months respectively. We continue to make consistent progress in penetrating our markets, both domestically and internationally. BoneScalpel units sold or consigned during the quarter increased 31% to 50 units versus 38 units sold or consigned in the comparable quarter... More