Abiomed (ABMD) Tops Q1 EPS by 12c

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Abiomed Announces Q1 FY 2016 Revenue of $73.4 Million, Up 50% Over Prior Year

August 4, 2015 7:00 AM EDT

DANVERS, Mass., Aug. 04, 2015 (GLOBE NEWSWIRE) -- Abiomed, Inc. (NASDAQ: ABMD), a leading provider of breakthrough heart support technologies, today reported first quarter fiscal 2016 revenue of $73.4 million, an increase of 50% compared to revenue of $48.8 million for the same period of fiscal 2015. First quarter fiscal 2016 GAAP net income was $8.9 million or $0.20 per diluted share, compared to GAAP net loss of $1.7 million or a loss of $0.04 per diluted share for... More