ZOLL Medical Corporation Announces Record Annual Results

CHELMSFORD, Mass.--(BUSINESS WIRE)--ZOLL Medical Corporation (Nasdaq GS: ZOLL), a manufacturer of resuscitation devices and software solutions, today announced that fiscal 2007 revenues increased 21% to $309,451,000, compared to fiscal 2006 revenues of $255,633,000. Net income for the year increased 50% to $16,662,000, compared to $11,140,000 in the prior year. Diluted earnings per share increased 42% to $0.81, compared to $0.57 in the prior year. Share and per share data reflect a 2-for-1 stock split which became effective on February 20, 2007. Backlog was approximately $24.3 million at the end of the fiscal year, which includes approximately $7.5 million related to the recent order from the State of California.

MORE ON THIS TOPIC