Natus Medical (BABY) Tops Q1 EPS by 4c

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Natus Medical Announces Record First Quarter 2016 Financial Results

April 20, 2016 6:00 AM EDT

Record first quarter non-GAAP earnings per share of $0.34Achieves non-GAAP gross margin of 63.1%Updates revenue and earnings guidance for the second quarter and fiscal year 2016

PLEASANTON, Calif., April 20, 2016 (GLOBE NEWSWIRE) -- Natus Medical Incorporated (NASDAQ: BABY) today announced financial results for the three months ended March 31, 2016.

For the first quarter ended March 31, 2016, the Company reported revenue of $87.3 million, a decrease of 2.3% compared to $89.4 million reported for the first quarter 2015. GAAP Gross profit margin... More