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Earnings: Natus Medical Swings to Black in Q4

Mon, 03/04/2013 - 11:50am
Mass Device

Natus Medical swings to black in 2012 on the back of a strong 4th quarter.

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Natus Medical (NSDQ:BABY) rode a strong 4th quarter to swing into the black during 2012.

The San Carlos, Calif.-based diagnostic and device maker posted a $4.76 million, or 29¢ per diluted share profit, on sales of $90.5 million during the 3-month period on December 31st, compared with a $17.3 million, or 14¢ per diluted share loss, on sales of $64.1 million during the same period last year.

The news of the companies earnings sent shares up 11% on The Street on February 28th.

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