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Abiomed Sees Lighter Sales

Stock quotes in this article: ABMD  

Abiomed(ABMD Quote) late Thursday issued downside revenue guidance for its second quarter ended Sept. 30.

The maker of heart-pumping devices forecast sales of $11 million, below Street consensus of $13.3 million in revenue, but a tad higher than reported revenue in the same period last year of $10.9 million.

"Our strategic platforms of Impella and AB5000 (consoles and disposables) performed well during the quarter," said CEO Michael Minogue, who added that revenue for BVS (blood pumps) declined. ...

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