05.08.2013 22:21:05
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ArthroCare Q2 Profit Declines - Quick Facts
(RTTNews) - Surgical products company ArthroCare Corp. (ARTC) Monday reported second-quarter net loss attributable to common stockholders of $7.7 million or $0.27 per share, compared to net income of $11.4 million or $0.34 per share in the comparable quarter last year.
Total revenues for the latest second quarter increased to $92.07 million from $91.71 million in the prior year quarter.
On average, eight analysts polled by Thomson Reuters expected earnings of $0.34 per share on revenues of $93.67 million for the quarter. Analysts' estimates typically exclude special items.
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