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Given ImAŞing Ltd. Şti. Message Board

  • dontdropyourlunch dontdropyourlunch Nov 7, 2012 9:55 PM Flag

    I see why GIVN was up 5% on such a down day in the market

    In the conference call transcript the CFO said yes, GIVN can do 78% margin consistently. GIVN also increased revenue year over year in the 3rd quarter something like 74%. The new product they just bought a few weeks ago as of January 1, 2013, goes from CPT 3 code to CPT 1 code (for Medicaid/Medicare I think), and that means a price increase of about $600 per device used. I only read the transcript, because I wondered what could have driven the price of GIVN stock higher on such a bad day in the market. Now I know.

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