DVx Inc. Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for Six Months Ending September 30, 2015 and Year Ending March 31, 2016
August 13, 2015 at 07:10 pm IST
Share
DVx Inc. reported earnings results for the first quarter ended June 30, 2015. Profit for the first quarter ended June 30, 2015 was JPY 520 million or JPY 46.17 per share, compared to JPY 222 million, or JPY 19.77 per share, for the same quarter ended June 30, 2014. Net sales for the first quarter ended June 30, 2015 were JPY 7.34 billion, compared to JPY 7.09 billion for the same quarter ended June 30, 2014. Operating income for the first quarter ended June 30, 2015 was JPY 280 million, compared to JPY 348 million for the same quarter ended June 30, 2014. Ordinary income for the first quarter ended June 30, 2015 was JPY 285 million, compared to JPY 348 million for the same quarter ended June 30, 2014.
For the six months ending September 30, 2015, the company expects profit to be JPY 750 million, earnings per share to be JPY 66.52, net sales to be JPY 15.73 billion and operating income to be JPY 698 million.
For the year ending March 31, 2016, the company expects net sales to be JPY 31.59 billion, operating income to be JPY 1.53 billion, profit to be JPY 1.29 billion and earnings per share to be JPY 114.39.
DVx Inc. is a Japan-based company mainly engaged in the sale of medical equipment for circulatory system diseases. The Company operates in two business segments. The Arrhythmia segment mainly sells cardiac pacemakers, implantable cardioverter-defibrillators (ICDs), electrode catheters and ablation catheters. The Ischemia segment is engaged in the import and sale of automated contrast medium injectors under the name ACIST, excimer laser angioplasty systems, as well as sale of coronary artery stent products as agency business. The others business is engaged in the sale of neurosurgical products, general surgery related products, gastrointestinal related products, radiation protection supplies, among others.
DVx Inc. Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for Six Months Ending September 30, 2015 and Year Ending March 31, 2016