Operates on MAC® or PC Includes Wireless Data Transfer and DICOM® CompatibilityBOTHELL, WA–October 5, 2009–Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in hand-carried and point-of-care ultrasound, announced today the introduction of Sonosite® Workflow Solutions (SWS™), a suite of specialized tools designed to streamline exam management at the departmental level by giving physicians the ability to browse, manage and store ultrasound studies and generate reports suitable for billing and credentialing.… [Read more]
Conference Call Webcast Live Today at 1:30 pm Pacific/4:30 pm Eastern
BOTHELL, WA – July 25, 2011 – Sonosite, Inc. (Nasdaq:SONO), the world leader and specialist in bedside and point-of-care ultrasound, today reported financial results for the second quarter ended June 30, 2011.
REVENUE
Revenue for the second quarter of 2011 was $72.7 million, an increase of 18% compared to $61.5 million in the second quarter of 2010.
Revenue for the first half of 2011 was $143.8 million compared to $117.5 million in 2010, an increase of 22%.
Revenue from VisualSonics (VSI), Inc. was $8.3 million for the quarter, up 7%. Revenues were $16.5 million for the first half of 2011, up 5%.
Foreign exchange contributed to a 4% favorable impact on second quarter results and a 3% favorable impact on the first half of 2011.
Revenues were also negatively impacted in the second quarter by a series of delayed orders between $4.0-$5.0 million.
SECOND QUARTER, FIRST HALF, AND MARKETING MILESTONES… [Read more]
Largest Study Documents the Benefits of "Ultrasound Guided" Procedures: Paracentesis & ThoracentesisResults Show Substantial Improvements in Complications and Large Potential Impact on Cost of Care for Hospitals:Fewer patients with collapsed lungs, bleeding complications, and decreased length of stay in hospital… [Read more]
RECORD QUARTERLY REVENUES OF $89 Million, UP 27% VERSUS FOURTH QUARTER 2009 US Sector Achieves an All Time High in Quarterly Revenues of $40 Million, Up 35% VisualSonics (VSI) Acquisition Delivers Second Consecutive Strong Quarter Company Experienced Improving Momentum and Market Dynamics BOTHELL, WA - January 10, 2011 - Sonosite, Inc. (Nasdaq: SONO), the world leader and specialist in bedside and point-of-care ultrasound, today announced preliminary revenue results for the fourth quarter and year ended December 31, 2010. Revenue for the fourth quarter was approximately $89 million, an increase of 27% for the quarter.
Full-year 2010 revenue reached $275 million compared to $227 million in 2009, an increase of 21%. VisualSonics revenue was $8.8 million for the quarter, representing the second consecutive strong performance since the company was acquired in June 2010. Sonosite revenue, excluding VSI, was approximately $80 million, an increase of 15% compared to the fourth quarter of 2009, and $257 million for the full-year, an increase of 13%.
COMMENTARY… [Read more]
The SonoHeart ELITE Hand-carried Ultrasound System Debuts with Accolades from Cardiologists and Sonographers Nationwide
Complete Echocardiography Capabilities in a Full-Featured Hand-Carried Ultrasound System, Weighing Less than Six Pounds… [Read more]
BOTHELL, WA, January 28, 2002 - Sonosite, Inc. (Nasdaq: SONO), world leaders in the hand-carried, point-of-care ultrasound market, today announced a two-year agreement with the leading medical equipment supplier in the United Kingdom, National Health Service (NHS), to provide NHS customers the Sonosite 180PLUS and the SonoHeart PLUS systems. NHS is responsible for purchase and supply management of over 85 percent of all medical equipment sales in the U.K. The agreement became effective January 1, 2002.
"We are very pleased to award Sonosite our national contract, which allows supplies managers in all NHS Trust Hospitals to purchase Sonosite systems without the complexities involved with the tender process normally associated with ultrasound system purchases," said Sue Hartell, Radiology Buyer, Diagnostic Medical Equipment, NHS Purchasing and Supply Agency, U.K. "
We are honored the NHS has selected Sonosite to participate in this national contract, which indicates the widespread acceptance Sonosite systems are gaining in the U.K. - the fourth largest ultrasound market in Europe," Kevin M. Goodwin, president and CEO of Sonosite, Inc. "Our agreement is a major milestone for the Company's future growth in the U.K. and marks the beginning of a strong partnership with NHS."
About National Health Service (NHS)… [Read more]
Company Achieves $15.3 Million in Quarterly Revenues with Gross Margins of 57.6%. Full Year Revenues Come in at $45.7 Million. Sonosite Launches SonoHeart ELITE System for Cardiology and Opens Direct Operation in Spain… [Read more]
Conference Call Accessible Via Live Webcast BOTHELL, WA, January 30, 2002 - Sonosite, Inc. (Nasdaq: SONO), today announced that the Company will report its fourth quarter and 2001 year-end earnings results on Thursday, February 14, 2002, after market close. Sonosite's management team will host a conference call on Thursday, February 14 at 1:30 p.m. (PT) to discuss the Company's fourth quarter and year-end results.
The call will be broadcast live via the "Investors" section of Sonosite's corporate website: http://ir.sonosite.com/. A replay of the call will be available by calling (719) 457- 0820 or toll-free (888) 203-1112. Replay access will be available until 4:30 p.m. (PT) on February 15, 2002. The access code 760502 is required for replay access. The call will be archived on Sonosite's website until March 14, 2002, at http://ir.sonosite.com/.
About Sonosite… [Read more]
Worldwide Revenues Reach $16.6 Million, Loss Narrows to $0.20 Per Share, Launch of Next-Generation iLook Products Planned for Third Quarter… [Read more]
BOTHELL, WA, February 26, 2002 - Sonosite, Inc. (Nasdaq: SONO), world leaders in the hand-carried, point-of-care ultrasound market, today announced a renewable agreement to provide the Sonosite 180PLUS and the SonoHeart ELITE hand-carried ultrasound systems to both hospital facilities and deployable operations within the federal government healthcare system. This agreement makes Sonosite a provider of hand-carried ultrasound for federal agencies and the military in the United States and became effective February 12, 2002.
"Over the past two years, the Company has made significant progress by shipping over 90 Sonosite systems to federal agencies and the military, both domestically and abroad," said Ronald S. Dickson, vice president of U.S. sales. "Our agreement will streamline the acquisition process for U.S. federal agencies and the military, allowing them to purchase our hand-carried ultrasound systems more expeditiously and with greater ease through the Defense Supply Center in Philadelphia, Pennsylvania."… [Read more]
BOTHELL, WA, March 18, 2002 - Sonosite, Inc. (Nasdaq: SONO) today unveiled the SonoHeart ELITE system, the first and only all-digital hand-carried ultrasound system (HCU) with complete echocardiography capabilities, at the American College of Cardiology (ACC) 51st Annual Scientific Session in Atlanta, Georgia. The new system weighs less than six pounds and allows trained cardiologists or sonographers to perform complete echocardiography examinations, in virtually any setting. First announced on February 4, 2002, this is the public debut of the product to the international cardiovascular market. The Company expects to begin shipments in the next few weeks.
The new SonoHeart ELITE system delivers quantitative measurement capabilities and image quality never before available in a hand-carried ultrasound system. Continuous wave Doppler and Extended Resolution Harmonics have been incorporated into Sonosite's proprietary imaging platform, enabling the hand-carried device to perform complete cardiology examinations. Live demonstrations of the SonoHeart ELITE system will be given at the Company's booth (# 4943) at the ACC meeting.… [Read more]
BOTHELL, WA, February 18, 2002 - Sonosite, Inc. (Nasdaq: SONO) today announces the promotion of Blake Little to vice president of engineering. In his new role, Little will oversee engineering operations for the Company. Prior to his promotion, he was director of engineering for Sonosite. "Blake has proven to be an integral part of Sonosite's management team and is a key player of Sonosite's successful engineering team that continually delivers high-quality innovation on schedule," said Jens U. Quistgaard, Chief Product and Marketing Officer of Sonosite.
"As our products continue to gain widespread acceptance in the medical community, we are discovering more and more opportunities to bring truly portable ultrasound technology to both traditional and new users of ultrasound. Blake's promotion to vice president of engineering marks another step in our continual evolution as the leaders in the hand-carried ultrasound market."… [Read more]
Gross Margins Rise for Fifth Consecutive Quarter; SonoHeart ELITE System off to a Strong Start… [Read more]
BOTHELL, WA, February 22, 2002 - Sonosite, Inc. (Nasdaq: SONO), today announced the filing with the Securities and Exchange Commission, or SEC, of a registration statement for a proposed public offering of 2,700,000 shares of its common stock. All of the shares will be offered by Sonosite. UBS Warburg LLC and Deutsche Banc Alex. Brown will serve as managing underwriters for the offering. Sonosite has granted the underwriters an option to purchase up to an additional 405,000 shares to cover any over-allotments. Copies of the preliminary prospectus relating to this offering are not yet available.
When available, they may be obtained from UBS Warburg LLC, Prospectus Department, 299 Park Avenue, New York, New York 10171, telephone: (212) 821-3000. Sonosite, Inc. (www.sonosite.com), headquartered in Bothell, WA, is a leading provider of high performance, highly miniaturized, hand-carried, all-digital ultrasound devices for use in a variety of clinical applications and settings. A registration statement relating to these securities has been filed with the SEC but has not yet become effective.… [Read more]
Results of Study Presented at the American Stroke Association's 27th International Stroke Conference… [Read more]
BOTHELL, WA, October 23, 2002 - Sonosite, Inc. (SONO) today announced the appointment of Kathy Surace-Smith as vice president and general counsel for the corporation, effective immediately. In her role at Sonosite, Surace-Smith will have responsibility for all corporate legal affairs and management of outside counsel for the Bothell, Washington-based leader in the development and manufacturing of hand-carried ultrasound. She will report directly to Kevin M. Goodwin, president and CEO of Sonosite.
"We are pleased to have Kathy join our team to develop the in-house legal function," said Kevin M. Goodwin, Sonosite's president and CEO. "Her proven legal intellect and wide breadth of experience in handling the legal needs of a growing public company make her a great match for us. We are fortunate to have her knowledge of international law and commerce as we continue to grow our global business and expand our direct operations in Europe.… [Read more]
Sonosite, hand-carried ultrasound pioneer, debuts two PDA-like iLook tools -- nearly palm-sized all-digital tools deliver "quick look" in clinical diagnostics, plus vascular access guidance… [Read more]
Appointment Deepens Board€™s Industry and Financial Expertise BOTHELL, WA - September 22, 2005 - Sonosite, Inc. (NASDAQ: SONO), the world leader in hand-carried ultrasound, today announced the appointment of Carmen L. Diersen, 45, executive vice president and CFO of American Medical Systems Holding, Inc. (Nasdaq: AMMD) to its board of directors. "We are delighted to welcome Carmen to our board," said Kevin M. Goodwin, Sonosite President and CEO.
"Her extensive global experience with leading medical device companies and broad financial expertise will be an important asset to Sonosite as we execute our growth strategies." Ms. Diersen joined American Medical Systems (AMS) in 2004 as executive vice president and assumed the office of chief financial officer that same year. AMS, headquartered in Minnetonka, Minnesota, is the world€™s leading independent company focused on developing, manufacturing and marketing medical devices that restore male and female pelvic health.… [Read more]
BOTHELL, WA, October 14, 2005 - Sonosite, Inc. (NASDAQ: SONO), the world leader in hand-carried ultrasound, today announced that the Company will report its third quarter financial results on Thursday, October 27, 2005 at the close of market and hold a conference call at 1:30 pm PT/4:30 pm ET to discuss its third quarter performance, outlook for 2005 and current corporate developments. The call will be broadcast live and can be accessed via the "Investors" Section of Sonosite's website at www.sonosite.com.
A replay of the audio webcast will be available beginning October 27, 2005, 4:30 pm (PT) until November 10, 2005, at 11:59 pm (PT) by dialing (719) 457-0820 or toll-free (888) 203-1112. The confirmation code, 7505444, is required to access the replay. The call will also be archived on Sonosite's website at http://ir.sonosite.com.
About Sonosite… [Read more]