Dehaier Medical cooperates with Mindray Medical to win procurement bid Dehaier Medical Systems (DHRM) announced that it assisted Mindray Medical (MR) with a national medical procurement bid for 79 units of Mindray's M7 color Doppler ultrasound machines.
Mindray Medical sees FY15 adj. net income decreasing by high-teens percentage Previous guidance for full year 2015 non-GAAP net income is being revised to reflect the impact of the newly announced employee incentive and talent retention program, as well as pricing pressure as a result of rising competition. Assuming the related 2015 payments are distributed half in equity based compensation and half in cash, Mindray forecasts its full year 2015 non-GAAP net income to decrease by a high-teens percentage over its full year 2014 non-GAAP net income. Please note, however, that this assumption is subject to change and the exact impact on the guidance will depend on the actual split between equity based compensation and cash payments. The company will provide more updates as additional details of the program are finalized. The non-GAAP net income guidance also excludes our tax benefits related to the nationwide key software enterprise status and assumes a corporate income tax rate of 15% applicable to the Shenzhen subsidiary. FY15 EPS consensus is $1.72.