Last10K.com

Cyberonics Inc (864683) SEC Filing 10-Q Quarterly report for the period ending Friday, July 24, 2015

Cyberonics Inc

CIK: 864683

 
EXHIBIT 99.1
 
 
Cyberonics' Logo
 

For Release Thursday, August 20, 2015; 7:00 AM ET
 
CYBERONICS REPORTS FISCAL 2016 FIRST QUARTER RESULTS
 
Record Net Sales of $81 million
Record U.S. Net Sales of $68 million
Continued International Growth
Strong adoption of AspireSR® Generator

 
HOUSTON, Texas, August 20, 2015 -- Cyberonics, Inc. (NASDAQ:CYBX) today announced results for the quarter ended July 24, 2015.
 
 
Quarterly highlights1
 
 
Operating results for the first quarter of fiscal 2016 compared to the first quarter of fiscal 2015, and other achievements, include:
 
 
·  
Record worldwide net sales of $81.0 million, an increase of 12.5%, and 14.4% on a constant currency basis;
 
 
·  
Record U.S. net product sales of $67.7 million, an increase of 15.1%;
 
 
·  
International net sales of $13.3 million, an increase of 0.9%, and 11.4% on a constant currency basis;
 
 
·  
Worldwide unit growth of 8.9%, with U.S. unit growth of 6.6%, and international unit growth of 14.6%;
 


The following information was filed by Cyberonics Inc on Thursday, August 20, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Cyberonics Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Cyberonics Inc.

Continue

Assess how Cyberonics Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Cyberonics Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2015 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Comprehensive Income
Condensed Consolidated Statements Of Income
Condensed Consolidated Statements Of Stockholders' Equity
Consolidated Balance Sheets (parenthetical)
Accounts Receivable And Allowance For Bad Debt
Accounts Receivable And Allowance For Bad Debt (summary Of Accounts Receivable) (details)
Accounts Receivable And Allowance For Bad Debt (tables)
Accrued Liabilities
Accrued Liabilities (summary Of Accrued Liabilities) (details)
Accrued Liabilities (tables)
Basis Of Presentation And Use Of Accounting Estimates
Basis Of Presentation And Use Of Accounting Estimates (details)
Basis Of Presentation And Use Of Accounting Estimates (policy)
Commitments And Contingencies
Commitments And Contingencies (details)
Employee Retirement Savings Plan And Deferred Compensation Plan
Employee Retirement Savings Plan And Deferred Compensation Plan (details)
Fair Value Measurements
Fair Value Measurements (details)
Foreign Currency
Foreign Currency (details)
Geographic Information
Geographic Information (long-lived Assets By Geographic Areas) (details)
Geographic Information (revenue From External Customers By Geographic Areas) (details)
Geographic Information (tables)
Income Per Share
Income Per Share (schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share) (details)
Income Per Share (schedule Of Earnings Per Share, Basic And Diluted) (details)
Income Per Share (tables)
Income Taxes
Income Taxes (narrative) (details)
Intangible Assets
Intangible Assets (amortization) (details)
Intangible Assets (schedule Of Finite-lived Intangible Assets) (details)
Intangible Assets (schedule Of Future Amortization Expense) (details)
Intangible Assets (schedule Of Weighted Average Amortization Period) (details)
Intangible Assets (tables)
Inventories
Inventories (schedule Of Inventory Components) (details)
Inventories (tables)
Investments
Investments (range Of Short-term Investments) (details)
Investments (schedule Of Long-term Investments) (details)
Investments (schedule Of Short-term Investments) (details)
Investments (tables)
Long-term Liabilities
Long-term Liabilities (details)
Long-term Liabilities (tables)
New Accounting Pronouncements
Property, Plant And Equipment
Property, Plant And Equipment (schedule Of Property, Plant And Equipment) (details)
Property, Plant And Equipment (tables)
Proposed Merger With Sorin S.p.a.
Proposed Merger With Sorin S.p.a. (narrative)(details)
Stock-based Incentive Plans
Stock-based Incentive Plans (allocation Of Share Based Compensation Costs By Expense Category) (details)
Stock-based Incentive Plans (allocation Of Share Based Compensation Costs By Type Of Arrangement) (details)
Stock-based Incentive Plans (narrative) (details)
Stock-based Incentive Plans (tables)
Stockholders' Equity
Stockholders' Equity (details)

Material Contracts, Statements, Certifications & more

Cyberonics Inc provided additional information to their SEC Filing as exhibits

CIK: 864683
Form Type: 10-Q Quarterly Report
Accession Number: 0000864683-15-000050
Submitted to the SEC: Thu Aug 20 2015 3:31:28 PM EST
Accepted by the SEC: Thu Aug 20 2015
Period: Friday, July 24, 2015
Industry: Electromedical And Electrotherapeutic Apparatus

External Resources:

Bookmark the Permalink:
https://last10k.com/sec-filings/864683/0000864683-15-000050.htm