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CardioNet, Inc. Reports Third Quarter 2012 Financial Results



11/6/2012 9:05:43 AM

CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--CardioNet, Inc. (NASDAQ:BEAT), a leading wireless medical technology company with a current focus on the diagnosis and monitoring of cardiac arrhythmias, today reported results for the third quarter ended September 30, 2012.

Third Quarter 2012 Highlights

Completed acquisition of Cardiocore Lab, Inc., a leading research services business

Introduced CardioNet’s new wireless event device, wEvent

Generated positive adjusted EBITDA of $0.3 million in the third quarter 2012

Experienced increased patient volume year over year


Read at BioSpace.com


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