Tag: Net sales
Invacare blames rehab, in part, for HME sales drop
October 22, 2009Liz Beaulieu, Editor
Invacare reported earnings for the third quarter this week, and the news was good. Adjusted net earnings were $16.7 million for the quarter ended Sept. 30, 2009, compared to $13.4 million for the same period last year. Invacare also boasted of a 1.9 percentage point improvement in its growth margin and about $45 million of free cash flow.
For its North America/HME division, however, Invacare blamed rehab, in part, for a 3.2% decrease in net sales ($185.1 million vs. $191.2 million). The company...
Invacare, Invacare, Net earnings, Net sales, On The Editor's Desk
Sponsored Stories
SOS Achieves Remarkable 400% Growth in 2023, Bolsters Team with Director Appointment
By Strategic Office SupportCyber Siege: The Financial Vulnerability Healthcare Didn't See Coming
By Strategic Office SupportA new staffing model that delivers ready-to-work pros, boosting efficiency and lowering costs.
By Tactical Back Office
By John Koch, COO and co-founder, MediStreams