Spectranetics (SPNC) Tops Q3 EPS by 9c

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Spectranetics Achieves Third Quarter 2015 Revenue of $61.7 Million

October 22, 2015 4:01 PM EDT

COLORADO SPRINGS, Colo., Oct. 22, 2015 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (NASDAQ: SPNC) today reported financial results for the three and nine months ended September 30, 2015. Highlights of the quarter, all compared with the three months ended September 30, 2014 include:

Revenue of $61.7 million increased 5% (7% constant currency1) Vascular Intervention revenue of $40.4 million increased 10% (12% constant currency) Lead Management revenue of $18.0 million increased 2% (5% constant currency)

"We are pleased with our third quarter results, marked by solid performance within our Vascular Intervention, Lead Management and International businesses. We believe that our team, portfolio, product... More