SonoSite, the Bothell, WA-based maker of portable ultrasound machines, said today its sales grew by 19 percent worldwide to $243 million in 2008. Revenue in the fourth quarter climbed more slowly, 8 percent, to about $70 million. Customers delayed orders in the fourth quarter that represented about 10 percent of its revenue forecast, although the company said those orders weren’t cancelled. SonoSite (NASDAQ: [[ticker:SONO]]) forecasts 5 percent to 10 percent sales growth in 2009.
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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