A $107 million goodwill write-off results in nearly tripled losses in the 4th quarter for DJO Global's public reporting subsidiary DJO Finance.
DJO Global's public reporting subsidiary posted a major increase in losses for its 4th quarter, driven primarily by a $106.6 million goodwill write-down that nearly tripled the company's red ink.
DJO posted a 180% increase in losses on an 8% increase on sales during the quarter, as well as a 71% increase in losses and a 4% increase in sales for fiscal 2013.
from MassDevice - FDA and Medical device business news and jobs for the medical device industry http://ift.tt/1eq7TT2
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