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Volcano Corporation Message Board

  • saprophytic1 saprophytic1 Apr 4, 2011 6:52 PM Flag

    Japan events "not really that material"

    From DJN

    Despite the quake and tsunami's devastating impact, only a small portion of Volcano's business is in the most affected region, President and Chief Executive Scott Huennekens said.
    "It's not really that material," he said, speaking in an interview on the sidelines of the American College of Cardiology's annual conference.

    Analysts are expecting sales in Japan to rise at least 25% again this year, eclipsing $100 million. Only about $8 million of that is in the most affected part of Japan, where all but one hospital have still been doing procedures in recent weeks, Huennekens said.

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    • APR 20

      Meanwhile, results after the bell from Qualcomm (Nasdaq: QCOM - News), F5 (Nasdaq: FFIV - News), and Apple (Nasdaq: AAPL - News) seem to indicate that fears about the impact of Japan on the supply chain may be somewhat overblown.

    • New Product for Release in Japan

      May be why the Japan events not seen as being that material.

      "clearance to market the PrimeWire PRESTIGE® pressure guide wire in Japan."

      Any Docs out there with any experience or have heard anything about this product? Possibly attended the conference?

17.980.00(0.00%)Feb 13 3:59 PMEST