Spectranetics (SPNC) Tops Q2 EPS by 18c; Lowers FY15 Revenue Outlook

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Spectranetics Reports Second Quarter Financial Results

July 23, 2015 4:01 PM EDT

COLORADO SPRINGS, Colo., July 23, 2015 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (NASDAQ: SPNC) today reported financial results for the three and six months ended June 30, 2015. Highlights of the quarter, all compared with the three months ended June 30, 2014 include:

Revenue of $61.7 million increased 42% (45% constant currency1); 9% (12% constant currency) excluding AngioSculpt® Vascular Intervention revenue of $26.4 million, excluding AngioSculpt, increased 17% (19% constant currency) U.S. peripheral atherectomy revenue grew 21% AngioSculpt revenue of $14.2 million Lead Management revenue of $17.3 million increased 7% (11% constant currency) Laser, service and other revenue of $3.8 million decreased 23% (21%... More