Ultrasound technology developer Misonix has reported revenues for its 2005 fiscal year (end-June 30) of $45.9 million, an 18% increase when compared with revenues of $39.1 million for the same period in fiscal 2004.
The Farmingdale, NY-based firm recorded net income for the year of $936,000, a downturn when compared with net income of $1.7 million last year. Misonix said that the fiscal 2005 results included a charge of $419,000 for a judgment against its subsidiary Sonora Medical Systems for present and future royalties owed on the recoating prices of transesophageal probes.
By AuntMinnie.com staff writers
September 8, 2005
Related Reading
Misonix names Constantine as VP, September 1, 2005
Misonix seeks to overturn judgment, August 26, 2005
Sonora receives patent, August 12, 2005
Sonora relocates operations, June 15, 2005
Sonora nets first AMS sale, May 19, 2005
Copyright © 2005 AuntMinnie.com
