Volcano Reports Record Revenue and GAAP Profitability for 2010

SAN DIEGO, Feb. 23, 2011 /PRNewswire via COMTEX News Network/ -- Volcano Corporation (Nasdaq: VOLC), a leading developer and manufacturer of precision intravascular diagnosis and therapy guidance tools designed to enhance the treatment of coronary and peripheral vascular disease, today reported record revenues for the fourth quarter and all of fiscal 2010. For the quarter ended December 31, 2010, Volcano reported revenues of $81.2 million, compared to revenues of $71.0 million in the fourth quarter of fiscal 2009. Revenues in the fourth quarter of 2010 were negatively impacted by approximately $3.0 million related to the transition of a distributor relationship in Japan. Revenues in the...

Source:
http://article.wn.com/view/2011/02/23/Volcano_Reports_Record_Revenue_and_GAAP_Profitability_for_20/

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