FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Home Diagnostics, Inc. (Nasdaq: HDIX):
Fourth Quarter and Recent Highlights:
Revenue of $26.9 million, an increase of 13.3% over prior year
Gross margin increased 230 basis points to 59.9% from 57.6% in prior year
GAAP net income $0.8 million; Non-GAAP adjusted net income $2.8 million
Reached agreement in Brandt litigation
Summary judgment motion granted in Roche patent case
Provides 2007 guidance