SonoSite Revenue Dips
Luke Timmerman4/6/09
SonoSite, the Bothell, WA-based maker of portable ultrasound machines, said today that worldwide sales fell 1 to 2 percent in the first quarter, in a preliminary earnings report. Sales to U.S. hospitals fell by a “mid-teen percentage,” and overseas sales were weakened by foreign currency exchange rates, the company said. The company saw grown in its U.S. enterprise sales channel to offset other declines. SonoSite (NASDAQ: SONO) expects to report full earnings on April 27.
Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.
