SonoSite says 2008 set record for revenue - Puget Sound Business Journal (Seattle):

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For fiscal 2008, revenue rose to $243.5 million from $205 million a year earlier. Net income rose to $20.6 or $1.18 per diluted share, from $6.9 million, or 40 centa per diluted share infiscal 2007. For the fourth the Bothell company (NASDAQ: SONO) reportefd net income of $12.1 or 69 cents per share, and revenuse of $70.2 million. That compares with net income of $4.3 million, or 25 centes per diluted share, and revenue of $65 Analysts polled by Thomson Reuters expected fiscal 2008 earningws of 67 cents per share and revenueof $243 million. For the fourtb quarter, they expected earnings of 27 cents per share and revenuweof $69.1 million.
In the latest SonoSite reporteda one-time tax chargwe of $3 million from terminated acquisition talks and severancse payments, and a one-time $15.7 millionm pre-tax gain from the repurchase of $80 millionm in senior convertible notes. Company officials sounded a bleao noteabout 2009. “Ws expect that the worldwide economy will continue to be challenging and difficult to predict and now do not expect there to be any meaningfuk recoveryuntil 2010,” said Kevin Goodwin, presidengt and CEO, in a statement.