Volcano Corporation (VOLC) news stock charts
Volcano Corporation (VOLC) Investment Summary:
We design, develop, manufacture and commercialize a broad suite of intravascular ultrasound, or IVUS, and functional measurement, or FM, products that we believe enhance the diagnosis and treatment of vascular and structural heart disease. Our IVUS products consist of consoles, single-procedure disposable catheters and advanced functionality options. FM devices measure the pressure and flow characteristics of blood around plaque thereby allowing physicians to gauge the plaque’s impact on blood flow and pressure. Our FM products consist of pressure and flow consoles and single-procedure disposable pressure and flow guide wires. We market our products to physicians and technicians who perform percutaneous interventional procedures in hospitals and to other personnel who make purchasing decisions on behalf of hospitals. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0000950134-08-004844.html#FIS_BUSINESS"VOLCANO CORP (VOLC:NASDAQ)
Snapshot of VOLCANO CORP (VOLC)
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OPEN
$24.04
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PREVIOUS CLOSE
$23.92
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DAY HIGH
$24.04
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DAY LOW
$23.40
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52 WEEK HIGH
03/11/10 - $24.50
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52 WEEK LOW
05/13/09 - $11.33
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MARKET CAP
1.2B
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AVERAGE VOLUME 10 D
682.7K
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EPS TTM
$-0.25
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SHARES OUTSTANDING
49.7M
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VOLC Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for VOLCANO CORP (VOLC)
Volcano Corporation announced its Fractional Flow Reserve (FFR) technology can now integrate with the FFR modules of hemodynamic monitoring systems from GE, Siemens, McKesson, and Mennen. Volcano's Smart MapR Pressure Instrument and PrimeWireR Pressure Guide Wire are now compatible with the majority of hemodynamic monitoring systems, making the benefits of FFR accessible to more clinicians and patients. Volcano's SmartMap will provide a pressure reading to GE Healthcare's Mac-LabR XT and XTi hemodynamic recording systems version 6.8.1, Siemens' AXIOM Sensis XP VC11, McKesson's Horizon CardiologyT Hemo version 12.1, and Mennen's Horizon XVu Hemodynamic Monitoring System. With the pressure measurement derived from Volcano's PrimeWireR hemodynamic monitoring systems have the ability to calculate the FFR gradient and display the FFR measurement on the hemodynamic screen in the cath lab.
Volcano Corporation expected to Report Q1 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on March 4, 2010).
Volcano Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported net loss of $12,075,000 or $0.25 per diluted share on revenues of $71,014,000 compared to net income of $1,358,000 or $0.03 per diluted share on revenues of $49,253,000 for the same period a year ago. Loss before provision for income taxes was $11,721,000 compared to income before provision for income taxes of $1,271,000 for the same period a year ago. Operating loss was $12,002,000 compared to $18,000 for the same period a year ago. Non-GAAP operating income was $7,034,000 compared to $2,797,000 for the same period a year ago. Non-GAAP net income was $6,961,000 or 0.14 per diluted share compared to $4,173,000 or 0.08 per diluted share for the same period a year ago. For the year ended, the company reported net loss of $28,954,000 or $0.60 per diluted share on revenues of $227,867,000 compared to net loss of $13,705,000 or $0.29 per diluted share on revenues of $171,495,000 for the same period a year ago. Loss before provision for income taxes was $27,767,000 compared to $13,085,000 for the same period a year ago. Operating loss was $30,846,000 compared to $19,663,000 for the same period a year ago. Non-GAAP operating loss was $2,239,000 compared to non-GAAP operating income of $5,433,000 for the same period a year ago. Non-GAAP net loss was $347,000 or 0.01 per diluted share compared to non-GAAP net income of $11,391,000 or 0.23 per diluted share for the same period a year ago. The company provided earnings guidance for fiscal 2010. The company expects non-GAAP net income to be in the range of $15,927,000 or $0.30 per diluted share to $18,535 or 0.35 per diluted share, GAAP net income to be in the range of $2,627,000 to $5,235,000, non-GAAP operating income to be in the range of $17,178,000 to $19,786,000 and GAAP operating income to be in the range of $3,878,000 to $6,486,000 in fiscal 2010. Net interest income for 2010 is expected to be approximately $450,000. On a GAAP basis, the company expects to report net income of $0.05 to $0.10 per diluted share. Based on the expected timing of these investments and the anticipated growth trajectory for revenues, the company expects to be profitable on a GAAP basis beginning in the third quarter of fiscal 2010 and profitable on a GAAP basis for all of fiscal 2010. On a consolidated basis, the company expects total revenues in fiscal 2010 of $277-$282 million, an increase of approximately 22% over revenues in 2009. The expected revenues for 2010 include approximately $20 million in revenues from Axsun Technologies Inc.
Volcano Corporation financial resources
VOLC Competitors
| Company | Last | Change |
| Boston Scientific Corp | $7.13 USD | +0.06 |
| Neovasc Inc | C$0.38 CAD | +0.02 |
| Terumo Corp | ¥4,980 JPY | +35.00 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | VOLC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 5.1x |
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| Price/Book | 5.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 4.7x |
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VOLC |
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VOLC transactions
| Type Date |
Target |
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Merger/Acquisition
February 9, 2010 |
Lumen Biomedical, Inc., Xtract Thrombus Aspiration Catheter Device Line |
More Recent Financial News About Volcano Corporation
CardioSpectra founders win UT System Chancellor’s award for entrepreneurship
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Volcano Expands Access to FFR with Ability to Integrate with the Majority of Hemodynamic Monitoring Systems
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Volcano Announces Activities at the ACC 2010
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Volcano Corporation Presentation at Roth Capital Partners Conference to be Webcast
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Volcano Reports 44 Percent Increase in Fourth Quarter Revenues
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Volcano Corporation Presentation at Roth Capital Partners Conference to be Webcast
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Volcano takes bigger loss, but shares gain ground
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VOLCANO CORP Files SEC form 10-K, Annual Report
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Volcano takes bigger loss, but shares gain ground
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Volcano Reports 44 Percent Increase in Fourth Quarter Revenues
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Volcano Corporation Fourth Quarter Conference Call, Webcast scheduled for 5:00 pm ET today
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VOLCANO CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
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Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast
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Volcano Corporation Announces Litigation Status
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Volcano Corporation Completes Acquisition of Lumen Biomedical's Xtract(TM) Thrombus Aspiration Catheter
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Volcano Receives FDA Clearance to Market the Eagle Eye(R) Platinum Digital IVUS Catheter
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Volcano Corporation Schedules Fourth Quarter Conference Call, Webcast
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VOLCANO CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
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Volcano Corporation Completes Acquisition of Lumen Biomedical's Xtract(TM) Thrombus Aspiration Catheter
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UPDATE - Volcano gets FDA nod to market digital catheter
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