Leerink Partners Cut Price Target on Cardiovascular Systems (CSII) Following Disappointing 2Q and 3Q Guidance
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Cardiovascular Systems Reports Fiscal 2016 Second-Quarter Financial Results
January 21, 2016 4:05 PM ESTConference Call Scheduled for Today, January 21, 2016, at 3:45 PM CT (4:45 PM ET)
Revenues of $41.4 million were 3% below the guidance range due to continued effects of the sales force transition Gross margin increased to 80.5%, primarily benefiting from lower unit costs Net loss of $(0.47) per share was favorable to guidance, primarily as a result of cost reductions LIBERTY 360° enrollment nears completion, demographic data to be presented at ISET as a late-breaking presentation COAST 30-day... More