Cardica (CRDC) Tops Q4 EPS by 1c

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Cardica Announces Fiscal 2015 Fourth Quarter And Full Year Financial Results

August 6, 2015 4:06 PM EDT

REDWOOD CITY, Calif., Aug. 6, 2015 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced financial results for its fiscal fourth quarter and year ended June 30, 2015. Cardica's management will hold a conference call at 4:30 p.m. Eastern Time to discuss the financial results and provide an update on the company's business.

"In the fourth quarter of fiscal 2015, we made good progress working with key centers in Europe to demonstrate the features of the MicroCutter XCHANGE® 30 with the white cartridge," said Bernard A. Hausen, M.D., Ph.D., president and CEO of... More

Cardica Announces Leadership Transition

August 6, 2015 4:04 PM EDT

REDWOOD CITY, Calif., Aug. 6, 2015 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced that Bernard A. Hausen, M.D., Ph.D., has informed the Board of Directors that after more than 15 years leading the company, he will step down as chief executive officer, president and as a member of the Board of Directors. By request of the company, Dr. Hausen has agreed to stay on in his current roles while the Board of Directors conducts a search for a new CEO as well as to... More