Seeking Alpha

Volcano's iFR Modality get FDA nod

  • FDA clears Volcano's (VOLC) instant wave-Free Ratio. The physiologic measurement utilizes the same pressure wire and equipment used in cath labs but eliminates the injection of hyperemic agents into the patient that can stress the heart.
  • The regulatory approval means that 90% of the company's installed base of multi-modality systems can be upgraded.
  • Consensus estimates for 2014 and 2015 are a loss of $0.19/share on revenues of $415M and earnings of $0.06/share on revenues of $448M, respectively.
  • 253 mutual funds have positions, down from 330 a year earlier.
  • Shares are up 3% year to date.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector