Once these most recent quarterly results are finalized, they will be run through TheStreet.com Ratings' model and our ratings will be adjusted accordingly. To keep up to date on all of our ratings, visit TheStreet.com Ratings Screener. On March 5, 2009, Insulet ( PODD), a medical device maker, reported that its Q4 FY08 net loss widened, hurt by a restructuring charge and higher expenses. Net loss stood at $28.28 million, or $1.02 per share, compared to a loss of $15.67 million, or $0.59 per share, in Q4 FY07. Net loss was negatively impacted by a restructuring charge of $8.20 million related to the transition of the company's manufacturing activities to China. The most recent consensus estimate was for a loss of $0.64 per share. Insulet's revenue surged 172.0% to $11.86 million from $4.36 million in the prior year's quarter. The company improved to a gross profit of 10.10% from a gross loss of 53.15% in the prior year's quarter, as revenue outpaced the cost of revenue, which increased 59.6% to $10.66 million from $6.68 million. During the quarter under review, research and development expenses spiked 11.5% to $3.54 million from $3.17 million. General and administrative costs increased 34.9% to $6.85 million from $5.08 million. Sales and marketing costs surged 82.2% to $10.00 million from $5.49 million in the year-ago quarter. Operating expenses swelled 107.9% to $28.55 million from $13.74 million, due to the expansion of the company's sales organization and infrastructure and a restructuring charge. PODD recently announced the appointment of Brian Roberts as chief financial officer. For FY08, net loss widened to $92.79 million, or $3.36 per share, from a loss of $53.54 million, or $3.21 per share, in FY07. Annual revenue soared 169.7% to $36.06 million from $13.37 million a year ago. Looking forward to 2009, Insulet estimates revenue to be in the range of $55.00 to $65.00 million. The company also expects its operating loss to be in the range of $50.00 to $60.00 million.