“Unexpected Decline” for Natus Medical
Second quarter revenue at Natus Medical Incorporated took an “unexpected decline,” with the dip partially blamed on “weakness in international markets.” Revenue for the second quarter of 2013 is expected to be between $81 million and $82 million versus previous guidance of $86 million to $90 million.
“Weakness in our International markets, particularly Europe, led to an unexpected decline in revenue late in the second quarter,” said Jim Hawkins, president and CEO of the Company. “Domestic revenue was within our expectations.”
The report on BusinessWire confirms that Natus will update its third quarter and full year 2013 financial guidance during its second quarter financial results conference call on August 1, 2013. Natus has scheduled an investment-community conference call to discuss its financial results for the second quarter of 2013 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) Thursday, August 1, 2013.
Individuals interested in listening to the conference call may do so by dialing 1-866-515-2912 for domestic callers, or 1-617-399-5126 for international callers, and entering reservation code 33919640. A telephone replay will be available for 48 hours following the conclusion of the call by dialing 1-888-286-8010 for domestic callers, or 1-617-801-6888 for international callers, and entering reservation code 63402814.
The conference call also will be available real-time via the Internet at http://investor.natus.com, and a recording of the call will be available on the Company’s Web site for 90 days following the completion of the call.
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