Home » ENCORE MEDICAL 3Q PROFIT GROWS FOURFOLD
ENCORE MEDICAL 3Q PROFIT GROWS FOURFOLD
Orthopedic device maker Encore Medical recently said that its third-quarter
profit grew fourfold, driven by increased sales of higher margin products. Net
income grew to $5.1 million, or 10 cents per share, from $1.3 million, or 3
cents per share, a year ago. In August, the company sold off its line of bracing,
splinting and patient safety products. Encore reported earnings per share from
continuing operations for the most recent quarter of 5 cents per share.
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KEYWORDS FDAnews Device Daily Bulletin
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