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RESULTS ROUND-UP: Cyberonics boost; HeartWare still making loss; Lombard keeps building in US

This article was originally published in Clinica

Executive Summary

Neuromodulation specialist Cyberonics, which has just agreed to merge with Sorin, got a further boost by seeing its top and bottom lines both expand during its third fiscal quarter. The company’s sales increased 6% to $72.1m, while net income grew to $16.5m, from $13.9m during the same period last year.

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