February 8, 2001
Irvine medical device firm Interpore Cross International posted fourth-quarter net income of $824,000, or 6 cents a share, down 33% from $1.2 million, or 9 cents a share, a year ago. Sales grew 2% to $10.9 million. Net income for 2000 was $4.1 million, or 27 cents a share, a decrease of 15% from $4.8 million, or 35 cents a share, for 1999. Sales increased 14% to a record $44.3 million.
February 8, 2001 |
Interpore Cross International Inc. said Wednesday it filed a patent infringement lawsuit against Johnson & Johnson unit. Neither Johnson & Johnson nor its unit, Depuy AcroMed could immediately be reached for comment. Interpore, an Irvine medical device firm, said it believes that some of Depuy AcroMed's products infringe on Interpore's variable-locking-screw technology used in a spinal implant system. The lawsuit, filed in the U.S. District Court, seeks unspecified damages.
October 20, 2000
The Irvine manufacturer of spinal implant devices and synthetic bone and tissue products said net income for the third quarter totaled $1.2 million, or 8 cents a share, slightly lower than the $1.4 million, or 10 cents a share, a year ago. Sales grew 12% to $10.6 million.
July 19, 2000
Irvine medical device firm Interpore Cross International reported second-quarter net income of $974,000, or 7 cents a share, which included a one-time charge of $268,000 from the withdrawal of its proposed secondary public stock offering. That compared with net income of $1.1 million, or 8 cents a share, for last year's second quarter. Sales grew 18% to $11.3 million.
May 17, 2000 |
A Huntington Beach provider of high-speed Internet access said it wants to go public at a time when an unsteady stock market has prompted another Orange County biotech company to abandon its planned stock offering. Despite the volatile market, Flashcom Inc. said it hopes to raise as much as $125 million, according to a document it filed with the Securities and Exchange Commission. No price per share or date for the initial public offering has been set.