Medical device supplier China Medical Technologies (CMED +14.8%), which closed near its 52-week...

|About: China Medical Technologies,... (CMEDQ)|By:, SA News Editor

Medical device supplier China Medical Technologies (CMED +14.8%), which closed near its 52-week low yesterday, shoots higher after reporting FQ2 revenue of $37.4M (+18% Y/Y) and EPS of $0.53; the former missed by $0.4M, but the latter beat by $0.04. In addition, the company is guiding for FY12 EPS of $1.94-$1.98, above a Street forecast of $1.81.