Cardiovascular Systems Reports Fiscal 2015 Fourth-Quarter Financial Results

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Needham & Company Cuts Price Target on Cardiovascular Systems (CSII) to $37 Following 4Q15 Results

August 6, 2015 7:41 AM EDT

Needham & Company maintained a Strong Buy on Cardiovascular Systems (NASDAQ: CSII), and cut the price target to $37.00 (from $45.00), following 4Q15 results. Revenue was $48.5M (up 22.5% Y/Y) vs. consensus of $50.1M. EPS was ($0.27) vs. consensus of ($0.30). For F1Q16, CSII expects revenue of $48.5-50.0M vs.... More

Cardiovascular Systems (CSII) Tops Q4 EPS by 3c

August 5, 2015 4:01 PM EDT

Cardiovascular Systems (NASDAQ: CSII) reported Q4 EPS of ($0.27), $0.03 better than the analyst estimate of ($0.30). Revenue for the quarter came in at $48.5 million versus the consensus estimate of $50.1 million.

David L. Martin, CSIs President and Chief Executive Officer, said, Significant progress continued on... More