DALLAS, Texas 5/29/2009 11:07:56 PM
News / Finance

Surprise Earnings Release Drives Trading Activity for Synovis Life Technologies (Nasdaq: SYNO); BeaconEquity.com Article

BeaconEquity.com announces the publication of an article covering Synovis Life Technologies’ (Nasdaq: SYNO) impressive second-quarter financial results, as well as its plans to expand its work force.

 

Investors can access all Beacon Equity investment articles for free at BeaconEquity.com

 

In the article the author writes:

Shares of Synovis Life Technologies (Nasdaq: SYNO) are continuing a third day of active trading following the companies stellar financial results for its second-quarter results and analyst expectations that the company will perform well throughout the fiscal year. The St. Paul, Minn.-based medical device maker reported second-quarter profit jumped 60% to $2.1 million, or 18 cents per share, compared with net income of $1.3 million, or 10 cents per share, for the same quarter last year. Revenue rose to $14.8 million, a 19% increase from the equivalent quarter last year of $12.4 million.

 

Synovis Life Technologies plans to expand its sales force:

 

The company also stated it plans to expand the company's sales force by 16 sales professionals, expanding its domestic sales force to 56 representatives and seven sales managers.

 

To read the entire article visit http://www.beaconequity.com/m

 

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Source: BeaconEquity.com

 

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