Circadian reports 2nd quarter results, expands Asthma Center Disease Management Program.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--March 3, 1995--Circadian Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CKDN.U), a leading supplier of products for the physicians office market and an innovative disease management program for the treatment of asthma reported a net loss of $591,000 ($.05) per share for its second quarter ended Dec. 31, 1994 on revenue of $2,665,000. This compares to a net loss of $569,000 ($.07) per share for its quarter ended Dec. 31, 1993 on revenue of $1,945,000. The company secured financing in the quarter ended Dec. 31, 1994 that is funding an aggressive expansion of the number of Asthma Centers. The early results (6 month follow-up) show that the Asthma Center program can significantly lower the overall treatment costs. The results for the quarter ended Dec. 31, 1994 include increased spending for sales and marketing of the Asthma Center program. The results do not include deferred income from the Asthma Center Division. For the six months ended Dec. 31, 1994, the company reported a net loss of $1,292,000 ($.12) per share on revenue of $5,283,000 as compared to a net loss of $922,000 ($.14) per share on revenue of $3,686,000 for the six months ended Dec. 31, 1993. Circadian's services include Asthma Centers, an Asthma Pharmacy, and medical/surgical supplies. Circadian's products include ambulatory Movable; revocable; subject to change; capable of alteration. An ambulatory court was the former name of the Court of King's Bench in England. It would convene wherever the king who presided over it could be found, moving its location as the king moved. heart monitoring, ambulatory blood pressure monitoring ambulatory blood pressure monitoring, n measurement of a patient's blood pressure at regular intervals while the patient carries out daily activities. , pulmonary function testing Pulmonary Function Test Definition Pulmonary function tests are a group of procedures that measure the function of the lungs, revealing problems in the way a patient breathes. and laser equipment. The corporate headquarters are in San Jose. CONTACT: Circadian circadian /cir·ca·di·an/ (ser-ka´de-an) denoting a 24-hour period; see under rhythm. cir·ca·di·an adj. Relating to biological variations or rhythms with a cycle of about 24 hours. Inc. Margaret Kankrlik, 408/943-9222 |
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