Accellent reports preliminary financial information for fiscal fourth-quarter ended December 31, 2009

NewsGuard 100/100 Score

Accellent Inc. (the “Company”), a wholly owned subsidiary of Accellent Holdings Corp. (“Accellent”), today announced certain preliminary financial information for its fiscal fourth quarter and the full year ended December 31, 2009. Such information remains preliminary and subject to audit.

The Company expects net sales for the fiscal fourth quarter to total approximately $109.0 million to $111.0 million and expects net sales for the full year ended December 31, 2009 to total approximately $477.0 million to $479.0 million. In addition, the Company expects that, as of December 31, 2009, it remained in compliance with the leverage ratio and coverage ratio covenants set forth in its existing credit facility, with such ratios comparable to those as of September 30, 2009.

Source: Accellent Inc.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.