Hansen Medical expects Revenue to Plunge for the Second Quarter; Article Posted on BeaconEquity.com
Company said customers delayed purchases into third quarter
(EMAILWIRE.COM, July 08, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering Hansen Medical’s preliminary second-quarter results, revealing a significant plunge in revenue.
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In the article the author writes:
“The developer and maker of medical robotics Hansen Medical Inc. (Nasdaq: HNSN) recently announced preliminary second-quarter revenue revealing a significant plunge below Wall Street's estimates, citing pullbacks in customer purchase commitments during the deepening global recession, Reuters reported. … The Mountain View, Calif.-based company said some customers required additional approval or alternative financing arrangements before placing orders, pushing purchasing decisions during the quarter into the next quarter.”
Hansen anticipates revenue to be significantly lower than analyst estimates, with audited second-quarter results to be announced in August:
“Hansen anticipates revenue for the second quarter to total $3.1 million to $3.3 million, compared with Thomson Reuters estimate of $8.7 million, and $7.1 million in revenue posted in the first quarter. … Audited results for the second quarter will be announced in early to mid-August. The mean analyst estimate polled by Thomson Reuters is for the company to earn 36 cents per share, compared with 61 cents per share on revenue of $5.8 million for the second quarter of fiscal 2008.”
To read the entire article visit http://www.beaconequity.com/m
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BeaconEquity.com’s Market News is one of the fastest growing small-cap blogs in the investment community. Beacon is the authority on research in the small-cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry’s largest small-cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
In the article the author writes:
“The developer and maker of medical robotics Hansen Medical Inc. (Nasdaq: HNSN) recently announced preliminary second-quarter revenue revealing a significant plunge below Wall Street's estimates, citing pullbacks in customer purchase commitments during the deepening global recession, Reuters reported. … The Mountain View, Calif.-based company said some customers required additional approval or alternative financing arrangements before placing orders, pushing purchasing decisions during the quarter into the next quarter.”
Hansen anticipates revenue to be significantly lower than analyst estimates, with audited second-quarter results to be announced in August:
“Hansen anticipates revenue for the second quarter to total $3.1 million to $3.3 million, compared with Thomson Reuters estimate of $8.7 million, and $7.1 million in revenue posted in the first quarter. … Audited results for the second quarter will be announced in early to mid-August. The mean analyst estimate polled by Thomson Reuters is for the company to earn 36 cents per share, compared with 61 cents per share on revenue of $5.8 million for the second quarter of fiscal 2008.”
To read the entire article visit http://www.beaconequity.com/m
Join the fastest growing investor community at: http://www.stockhideout.com/
BeaconEquity.com’s Market News is one of the fastest growing small-cap blogs in the investment community. Beacon is the authority on research in the small-cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry’s largest small-cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
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