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MENAFN - - 11/15/2012 11:06:56 AM

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BRIEF: ThermoGenesis profit reverses year-ago loss

Nov 15, 2012 (Menafn - The Sacramento Bee - McClatchy-Tribune Information Services via COMTEX) --Rancho Cordova-based medical equipment firm ThermoGenesis Corp. reported net income of 1 million, or 6 cents a share, in its fiscal first quarter ended Sept. 30.

That was an improvement from a loss of 1.2 million, or 7 cents a share, in the same period a year ago.

Included in the latest quarterly results was the company's recent 2 million sale of its CryoSeal Fibrin Sealant System wound-care product line to Tokyo-based Asahi Kasei Medical Co.

ThermoGenesis said quarterly revenue was 4.1 million vs. 4.9 million a year ago. The company cited softness in equipment purchases internationally.

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Call The Bee's Mark Glover, (916) 321-1184.

___ (c)2012 The Sacramento Bee (Sacramento, Calif.) Visit The Sacramento Bee
(Sacramento, Calif.) at www.sacbee.com Distributed by MCT Information Services


 






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