Printer Friendly
The Free Library
14,505,492 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Vital Signs, Inc. Announces Projections for Fiscal 2005.


TOTOWA, N.J. -- Vital Signs, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: VITL) today announced its guidance for projected fully diluted earnings per share diluted earnings per share

An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of
 from continuing operations continuing operations

Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the
 for fiscal 2005, which began October 1, 2004, to be between $2.10 and $2.15 per share, an approximately 20% increase over our estimated earnings of $1.74 to $1.77 for fiscal 2004. Fiscal 2004 estimates are prior to internal review and prior to audit. Terry Wall, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Vital Signs, commented, "We expect to see continued improvement in our Anesthesia and Respiratory/Critical segments resulting from an increase in sales volume from our Premier contracts and achieving the full year effect of productivity improvement initiatives which were begun in fiscal 2004. Our Sleep segment is expected to show significant improvement starting in the third quarter of fiscal 2005 when Breas, (our European subsidiary and manufacturer of personal ventilators and CPAP CPAP
abbr.
continuous positive airway pressure


Continuous positive airway pressure (CPAP)
A ventilation device that blows a gentle stream of air into the nose during sleep to keep the airway open.
 devices), begins to ship its new products some of which were exhibited at the European Respiratory Show in September. "

All statements in this press release (including without limitation our guidance with respect to anticipated results for fiscal 2004 and as to anticipated full-year 2005 results), other than historical statements, constitute Forward Looking Statements under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Actual results could differ materially from such statements as a result of a variety of risks and uncertainties, including unanticipated delays in bringing products to market, market conditions, and competitive responses as well as other factors referred to by Vital Signs in its Annual Report on Form 10-K for the year ended September 30, 2003.

Vital Signs, Inc. and its subsidiaries design, manufacture and market primarily single-use medical products for the anesthesia, respiratory/critical care and sleep/ventilation markets, achieving the number one market share position in five of its major product categories. In addition, we provide pharmaceutical technology services to the pharmaceutical and medical device industry. The Company was recognized in the October 27, 2003 issue of Forbes Magazine as one of "The 200 Best Small Companies". Vital Signs is ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
 9001 certified and has CE Mark approval for its products.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Oct 15, 2004
Words:351
Previous Article:SpectRx, Inc. CFO Announces Retirement Plan.
Next Article:Eaton Vance Senior Income Trust Annual Meeting of Shareholders.
Topics:



Related Articles
Vital Signs Inc. acquires Mediziv Products Ltd.
Vital Signs Announces New Research Coverage.
CLINTON SIGNS STOPGAP SPENDING BILL NO. 10.(NEWS)
Vital Signs, Inc. Announces First Quarter Results.
Vital Signs, Inc. Announces Sales and Earnings for Third Quarter and Nine Months Ended June 30, 2003.
Vital Signs, Inc. Announces First Quarter Results for Fiscal 2004.
Vital Signs Announces Conference Call to Report Fiscal 2004 Second Quarter Results.
Vital Signs, Inc. Announces Sales and Earnings for Second Quarter and Six Months Ended March 31, 2004.
ARNOLD SIGNS BUDGET, AT LAST STATE SPENDING PLAN IS 31 DAYS LATE.(News)
Fujitsu Reports FY 2005 First-Half Financial Results; Overseas Sales Gains, Tighter Project Controls and Steady Progress in Cost Cutting and...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles