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Home  >  Austin business accouting  >  ArthoCare releases third quarter financials

ArthoCare releases third quarter financials

Posted on Tuesday, November 2nd, 2010 at 4:24 pm.

The Austin-based company, ArthoCare Corp, has released its financial results for the third quarter ending on September 30.

A few of the highlights of the report show that the total revenue for the leaders in developing minimally invasive surgical products was $87.9 million which is over a 10 percent increase from the third quarter of 2009.

The product sales in both the sports medicine department and the ENT business increased. The income that was made in the third quarter was $11.6 million with a loss from operations of $5.5 million.

If you or your company have been looking for help dealing with the financial situation of your business, contact the Austin Accountants today for any questions that you may have.