SonoSite, the Bothell, WA-based maker of portable ultrasound machines, said today that worldwide sales fell 1 to 2 percent in the first quarter, in a preliminary earnings report. Sales to U.S. hospitals fell by a “mid-teen percentage,” and overseas sales were weakened by foreign currency exchange rates, the company said. The company saw grown in its U.S. enterprise sales channel to offset other declines. SonoSite (NASDAQ: [[ticker:SONO]]) expects to report full earnings on April 27.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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