Wednesday, May 2, 2007

Angiotech adjusted profit down as stent sales fall

(Reuters) - Angiotech said adjusted earnings were $6.4 million, or 7 cents a share, for the three months ended March 31. That's down from $16.8 million, or 20 cents a share, a year earlier.

The company had a net loss of $13.9 million, or 6 cents a share, compared to a net profit of $7.5 million, or 9 cents a share, a year earlier.


Read more at Reuters.com Market News

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