Needham & Company Downgrades Cardiovascular Systems (CSII) to Buy

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Go back to Needham & Company Downgrades Cardiovascular Systems (CSII) to Buy

Cardiovascular Systems Reports Preliminary Fiscal First-Quarter Financial Results

October 7, 2015 4:00 PM EDT

Conference Call Scheduled for Today, Oct. 7, 2015, at 3:45 PM CT (4:45 PM ET)

Revenue is approximately $43.9 million, up 11 percent over prior-years first quarter, excluding Asahi guide wire sales in the prior period, but below guidance range Net loss is expected to be from $(0.41) to $(0.43) per common share

ST. PAUL, Minn.--(BUSINESS WIRE)-- Cardiovascular Systems, Inc. (CSI) (NASDAQ: CSII) today reported preliminary results for its fiscal 2016 first quarter ended September 30, 2015.

The company expects fiscal first-quarter revenues of approximately... More