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06:02 EDTSPNC
theflyonthewall.com: Spectranetics continues to expect revenue growth during 2009
Vascular intervention revenue is anticipated to increase approximately 8% to 9% in 2009 as compared with 2008. Lead management revenue growth in 2009 as compared with 2008 is anticipated to approximate 27% to 28%. Gross margin is expected to be approximately 71% in 2009. While management expects to incur a pre-tax loss for 2009, a pre-tax profit is anticipated in the second half of 2009 after adjusting for the special items discussed under Reconciliation of Non-GAAP Financial Measures immediately following the financial tables. :theflyonthewall.com



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January 26, 2010
08:39 EDTSPNC
theflyonthewall.com: Spectranetics upgraded to Buy from Hold at Natixis

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