Wednesday, May 2, 2007

UPDATE 1-Angiotech's Q1 profit drops on lower stent sales

(Reuters) - Angiotech said adjusted earnings were $6.4 million, or 7 cents a share, for the quarter ended March 31. That is down from $16.8 million, or 20 cents a share, a year earlier.

Analysts expected, on average, adjusted earnings of 4 cents a share, according to Reuters Estimates.


Read more at Reuters.com Market News

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