Possis Medical, Inc. Reports $0.58 per Share Net Income for Fourth Quarter; Company Reports Record Sales for Fourth Quarter and Fiscal Year 2003.

Business Wire (September 16, 2003)


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Possis Medical, Inc. Reports $0.58 per Share Net Income for Fourth Quarter; Company Reports Record Sales for Fourth Quarter and Fiscal Year 2003.

Business Editors/Health/Medical Writers

MINNEAPOLIS--(BUSINESS WIRE)--Sept. 16, 2003

Possis Medical, Inc. (Nasdaq:POSS), today reported record sales of $15.8 million for the fiscal quarter ended July 31, 2003, up 33 percent from the year-ago period. U.S. AngioJet(R) Rheolytic(TM) Thrombectomy System sales in the current quarter reached $15.4 million, up 30 percent from the year-ago period and up 8 percent from the fiscal 2003 third quarter. For the year ended July 31, 2003, Possis reported record sales of $57.4 million, up 35 percent from prior year sales. Fiscal year 2003 U.S. AngioJet System sales were $56.2 milli...



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