SonoSite warns of lower revenues

AuntMinnie.com staff writers

Sep 6, 2000

Handheld ultrasound vendor SonoSite says events in Asia are likely to affect the company's revenues in the second half of the year, which the firm now believes will come in at the low end of analysts’ expectations.

SonoSite is experiencing the effects of a physicians’ strike in South Korea and a hospital market capital freeze in Taiwan, according to president and CEO Kevin Goodwin. The Bothell, WA-based firm is also lowering its projections for bundled sales opportunities, given the softness it has observed in higher-priced medical equipment markets in the U.S.

By AuntMinnie.com staff writers
September 7, 2000
Related Reading

SonoSite gets OK to market SonoHeart in Japan, August 24, 2000

SonoSite trims net loss in Q2, July 27, 2000

SonoSite, Hill-Rom introduce hand-carried obstetric ultrasound scanners, June 5, 2000

SonoSite, ATL broaden relationship, May 19, 2000

SonoSite gets OK to market in Japan, March 7, 2000

SonoSite begins shipping SonoHeart echo scanner, February 9, 2000

Copyright © 2000 AuntMinnie.com

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