Cardiovascular Systems (CSII) Tops Q4 EPS by 3c

Go back to Cardiovascular Systems (CSII) Tops Q4 EPS by 3c

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