DJO Incorporated Announces Financial Results for Third Quarter 2010

DJOFL achieved net sales from continuing operations for the third quarter of 2010 of $233.6 million, compared to net sales from continuing operations of $236.2 million for the third quarter of 2009. Sales growth in the third quarter of 2010 was impacted by unfavorable changes in foreign currency exchange rates and by the sale or discontinuation of certain non-core product lines in the prior year. On the basis of constant currency, excluding a $3.3 million unfavorable impact from changes in foreign exchange rates from the rates in effect in the third quarter of 2009, and excluding $2.3 million of revenue in the prior year period from product lines sold or discontinued, net sales in the third quarter of 2010 grew 1.3 percent over pro forma net sales in the third quarter of 2009. The third quarters of 2010 and 2009 each included 63 shipping days.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!