ICU Medical's Healthy Earnings - Douglas Cress

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ICU Medical's Healthy Earnings
Jul 22, 2008 08:07 AM UTC

Douglas Cress

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Symbol	Sentiment	Start	Return	Closed
ICUI		07/22/08	+19.58%	--

Via Long Investment Ideas from Seeking Alpha:

San Clemente, CA-based ICU Medical (ICUI) nearly doubled net income despite stagnating top line growth and a poor-performing critical care business.

Second quarter revenue was $48.6 million, compared to $48.9 million in the same period last year. Net income was $4.8 million, compared to $2.5 million in Q2 2007. Gross margins expanded 3 percentage points to 43%.

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