Spectranetics (SPNC) Tops Q4 EPS by 9c, Offers Outlook
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February 25, 2016 4:05 PM EST
COLORADO SPRINGS, Colo., Feb. 25, 2016 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (NASDAQ: SPNC) today reported financial results for the three months and year ended December 31, 2015. Highlights of the quarter, all compared with the three months ended December 31, 2014 include:
Revenue of $65.2 million increased 4% (5% constant currency1)Vascular Intervention revenue of $43.0 million increased 10% (12% constant currency)Lead Management revenue of $18.3 million decreased 1% (no change constant currency)
Our fourth quarter results represent another positive step going into 2016. We drove solid execution across business segments. Our existing portfolio and innovation pipeline position us to capitalize... More
