Revenue for the first quarter 2010 was $84.5 million, up from the $76.4 million reported in the fourth quarter 2009, reflecting increased customer demand across all product lines, according to the release. Revenue for the first quarter 2009 was $101.4 million.
Gross profit for the first quarter 2010 was $17.0 million, up 21.4 percent on a sequential basis from the $14.0 million reported in the fourth quarter 2009. Gross profit for the first quarter 2009 was $24.6 million, according to the release.
Operating income for the first quarter 2010 was $3.9 million, up from fourth quarter 2009 operating income of $1.2 million and compared to $11.2 million for the first quarter 2009. Net income for the first quarter 2010 was $1.6 million, up from $0.6 million for the fourth quarter of 2009 and compared to $6.9 million for the first quarter of 2009, according to the release.
Read the release on Symmetry’s first quarter results.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
