28% Fourth Quarter 2010 Revenue Growth 74% Fourth Quarter 2010 Ebitdas Growth
21% Full-Year 2010 Revenue Growth 60% Full-Year 2010 Ebitdas Growth
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BOTHELL, WA – February 17, 2011 – SonoSite, Inc. (Nasdaq:SONO), the world leader and specialist in bedside and point-of-care ultrasound, today reported financial results for the fourth quarter and year ended December 31, 2010.
REVENUE Revenue for the fourth quarter was $89.3 million, an increase of 28% for the quarter. Full-year 2010 revenue reached $275.4 million compared to $227.4 million in 2009, an increase of 21%.
VisualSonics, Inc. revenue was $8.9 million for the quarter, representing the second consecutive strong performance since the company was acquired in June 2010.
SonoSite revenue, excluding VisualSonics, was $80.4 million, an increase of 15% compared to the fourth quarter of 2009, and $257.7 million for the full-year, an increase of 13%.
Foreign currency rates had negligible impacts on fourth quarter and full-year results.