More on Hansen Medical's (HNSN -10.9%) Q1: The company extends its streak of consecutive...

|About: Hansen Medical, Inc. (HNSN)|By:, SA News Editor

More on Hansen Medical's (HNSN -10.9%) Q1: The company extends its streak of consecutive quarters with procedure growth to seven, but the pace slows to 3% sequentially from sequential procedure growth of 15% in Q4 (Y/Y growth was 23% however). Catheter sales rose 3% Y/Y but fell 30% sequentially while costs and expenses were flat Y/Y. The company also says it will issue $4.25M in shares to cover its part of a class action lawsuit settlement. (PR)