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Kinetic Concepts reaffirms 2008 profit outlook



By AP
22 April 2008 @ 08:06 am EST

SAN ANTONIO - Medical technology company Kinetic Concepts Inc. reaffirmed its full-year profit outlook Tuesday and said it expects continued strong demand for its V.A.C. wound healing systems.

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The company expects profit between $3.85 and $3.95 per share on revenue between $1.77 billion and $1.82 billion. Analysts polled by Thomson Financial expect profit of $3.87 per share on revenue of just under $1.8 billion.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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