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American Medical Systems Holdings Inc. Confirms Fourth Quarter Revenue and Finishes 2009 with Strong Financial Performance



2/17/2010 9:15:10 AM

MINNEAPOLIS--(BUSINESS WIRE)--American Medical Systems Holdings, Inc. (NASDAQ: AMMD) confirmed previously reported revenue of $146.0 million for the fourth quarter of 2009, a 9.0 percent increase from revenue of $134.0 million in the comparable quarter of 2008. Adjusting for the positive impact of the weaker U.S. dollar in the fourth quarter of 2009 versus the same quarter last year results in constant currency growth of 6.1 percent. Full year 2009 revenue of $519.3 million grew 3.5 percent over 2008 revenue of $501.6 million. Adjusting for the negative impact of foreign currency fluctuations in 2009 compared to 2008 results in constant currency growth of 5.2 percent.

Read at BioSpace.com


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