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The company has reported total revenues of $20.51 million for the three months ended June 30, 2009, compared to $22 million for the three months ended June 30, 2008. Kensey Nash has reported a net income of $20.1 million or $1.69 per share for the fiscal year ended June 30, 2009, compared to $5 million or $0.38 per share for the fiscal year ended June 30, 2008. The company has reported total revenues of $82.1 million for the fiscal year ended June 30, 2009, compared to $80 million for the fiscal year ended June 30, 2008. Joe Kaufmann, president and CEO of Kensey Nash, said: "We achieved record profits for our fiscal year in an extraordinarily difficult economic climate. Spine products, which include Vitoss bioactive foam and Vitoss foam products marketed by Orthovita, continued to show solid growth in the quarter and fiscal year, while product sales of sports medicine products were down significantly in the quarter, as expected, and were essentially flat for the full year over year. "In fiscal 2009, our operating margins improved, we generated over $33 million in operating cash flow and we ended the year with $79.7 million in cash and investments on our balance sheet." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon For full details on Kensey Nash Corp (KNSY) click here. Kensey Nash Corp (KNSY) has Short Term PowerRatings of 5. Details on Kensey Nash Corp (KNSY) Short Term PowerRatings is available at This Link.
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