Abiomed Announces Q2 FY 2020 Revenue of $205 Million and 29.4% Operating Margin
ABIOMED, Inc. (ABMD)
Last abiomed, inc. earnings: 4/30 07:00 am
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US:NASDAQ Investor Relations:
investors.abiomed.com/investor-relations
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Source: Business Wire
DANVERS, Mass.--(BUSINESS WIRE)--Abiomed, Inc. (NASDAQ: ABMD), a leading provider of breakthrough heart recovery and support technologies, today reported second quarter fiscal 2020 revenue of $205.0 million, an increase of 13% compared to revenue of $181.8 million for the same period of fiscal 2019. Operating income was $60.2 million, up 20%, compared to $50.3 million in the same period of fiscal 2019.Financial and operating highlights for the second quarter fiscal 2020 include:U.S. revenue totaled $172.0 million, an increase of 9% compared to revenue of $158.2 million during the same period of fiscal 2019 with U.S. patient usage of Impella heart pumps up 14%. In the second quarter, we opened 62 new sites, compared to 135 sites in the prior year, which impacted our U.S. growth rate by $3 million in revenue, or approximately two points of growth.Outside the U.S., revenue totaled $33.0 million, an increase of 40% compared to revenue of $23.5 million during the same period of fiscal
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