PLEASANTON, Calif. (AP) _ Natus Medical Inc. (BABY) on Thursday reported second-quarter net income of $4.2 million, after reporting a loss in the same period a year earlier.
The Pleasanton, California-based company said it had profit of 12 cents per share. Earnings, adjusted for non-recurring costs, were 34 cents per share.
The maker of medical device for newborn care posted revenue of $125.5 million in the period.
For the current quarter ending in October, Natus Medical expects its per-share earnings to range from 32 cents to 39 cents.
The company said it expects revenue in the range of $122 million to $126 million for the fiscal third quarter.
Natus Medical expects full-year earnings in the range of $1.19 to $1.32 per share, with revenue ranging from $492 million to $500 million.
Natus Medical shares have fallen 21% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $26.75, a decrease of 21% in the last 12 months.