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SonoSite Sales Drop 13%

SonoSite, the Bothell, WA-based maker of portable ultrasound machines, said today its sales dropped 13 percent in the three-month period that ended Sept. 30. The company (NASDAQ: SONO) said it had $53.6 million in revenue during the third quarter, compared with $61.6 million in the same period a year earlier. The company also said it has started operating in the red, reporting a $240,000 net loss, compared with a $1 million a profit a year ago. SonoSite said it expects to finish this year with $225 million to $230 million in revenue, down from $243.5 million a year ago.

Luke Timmerman is the National Biotechnology Editor for Xconomy. You can e-mail him at ltimmerman@xconomy.com, call 206-624-2374, or follow him on Twitter at http://twitter.com/ldtimmerman.

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