Natus Medical Incorporated Announces Preliminary 2011 Second Quarter Revenue Results

SAN CARLOS, Calif.--(BUSINESS WIRE)--Natus Medical Incorporated (Nasdaq:BABY) today announced that it expects to report revenue for the second quarter of 2011 of approximately $58 million, up 10% from revenue in the same period last year, but below the $62 million to $64 million guidance provided earlier. “While we achieved record second quarter revenue, it was lower than we had anticipated,” said Jim Hawkins, Chief Executive Officer of the Company. “Revenue was below our expectations in both the United States and international markets. Sales activity was solid throughout the quarter; however, several large orders that we had expected to receive late in the quarter were not placed.”
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