TITLE

Despite good '08 news, price falls for Somanetics on '09 talk

AUTHOR(S)
Henderson, Tom
PUB. DATE
January 2009
SOURCE
Crain's Detroit Business;1/26/2009, Vol. 25 Issue 4, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Somanetics Corp. reported record quarterly net revenue of $13.7 million for the fourth quarter that ended November 30, 2008 and record net annual revenue for the year of $47.5 million. Net income in the quarter was $3.3 million, or 25 cents a share. But the share price for Somanetics' stock price dropped, finishing at $14.02 a share after starting the day at $15.31.
ACCESSION #
36491213

 

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