SonoSite projects Q3 growth, replaces CFO

AuntMinnie.com staff writers
Oct 15, 2008

Compact-ultrasound developer SonoSite of Bothell, WA, expects to post a 23% gain in revenues in the third quarter (end-September 30).

The company estimated that revenues will total more than $61 million in the third quarter, compared to the same quarter of 2007. The company also forecast that earnings will exceed expectations. SonoSite plans to release its final third-quarter report on October 30.

The company also announced that senior vice president and CFO Bernard Pitz has left the firm at the request of the company. Replacing Pitz as CFO is Michael Schuh, previously vice president of finance and business process. Schuh served as CFO from July 2000 to May 2008.

Related Reading

SonoSite's Dugan takes new position, August 29, 2008

SonoSite upgrades S Series scanners, August 22, 2008

SonoSite taps new VP of U.S. sales, August 12, 2008

SonoSite, GE resolve patent lawsuit, August 1, 2008

SonoSite posts strong Q2, gets favorable legal rulings, July 25, 2008

Copyright © 2008 AuntMinnie.com

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