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Last $1.34 USD
Change Today +0.06 / 4.69%
Volume 66.3K
CASM On Other Exchanges
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

cas medical systems inc (CASM) Snapshot

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05/5/14 - $2.33
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cas medical systems inc (CASM) Details

CAS Medical Systems, Inc., a medical technology company, develops, manufactures, and markets medical devices for non-invasive patient monitoring in the United States and internationally. The company provides FORE-SIGHT series of absolute tissue oximeters and sensors, including the FORE-SIGHT ELITE oximeter; and traditional monitoring products, such as blood pressure measurement technologies, bedside monitoring products, and neonatal intensive care supplies. It also offers vital signs monitors and accessories incorporating various combinations of measurement parameters for human and veterinary use, such as MAXNIBP and MAXIQ non-invasive blood pressure, pulse oximetry, electro-cardiography, temperature, and capnography; and supplies and services, including neonatal intensive care vital signs supplies, such as electrodes and skin temperature probes, as well as various repair services. The company markets its products through its own sales force, manufacturers’ representatives, and original equipment manufacturers, as well as through hospital, surgery center and outpatient facility, homecare, veterinary, and emergency medical distribution channels. CAS Medical Systems, Inc. was founded in 1984 and is headquartered in Branford, Connecticut.

96 Employees
Last Reported Date: 03/18/15
Founded in 1984

cas medical systems inc (CASM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $311.9K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $216.3K
Vice President of Research & Development
Total Annual Compensation: $189.4K
Compensation as of Fiscal Year 2013.

cas medical systems inc (CASM) Key Developments

CAS Medical Systems Inc. Proposes Amendment to Certificate of Incorporation

CAS Medical Systems Inc. at its AGM to be held on June 23, 2015, proposed an amendment to the Certificate of Incorporation to increase the authorized number of shares of common stock from 40,000,000 to 60,000,000.

CAS Medical Systems, Inc. Receives FDA Approval for FORE-SIGHT® ELITE in Pediatric and Neonatal Patients

CAS Medical Systems Inc. announced receipt of an expanded label for its FORE-SIGHT® ELITE oximeters from the U.S. Food and Drug Administration (FDA) to include its new medium and small sensors for use with pediatric and neonatal patients. With the launch of the FORE-SIGHT ELITE for pediatric and neonatal patients, the company will have the ability to address additional sales channels and call points within a hospital with the exact same monitor. The company is on track to introduce the FORE-SIGHT ELITE in this market segment in the late third or early fourth quarter of this year.

CAS Medical Systems Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Revenue Guidance for the Year 2015

CAS Medical Systems Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of USD 5,827,962 compared with USD 5,944,370 for the same period last year. Operating loss was USD 1,571,187 compared with USD 3,094,383 for the same period last year. Net loss applicable to common stockholders was USD 2,122,104 or USD 0.11 basic and diluted share compared with USD 3,489,900 or USD 0.19 basic and diluted shares for the same period last year. For the full year, the company reported net sales of USD 22,913,249 compared with USD 21,915,794 for the same period last year. Operating loss was USD 6,832,656 compared with USD 10,453,446 for the same period last year. Net loss applicable to common stockholders was USD 8,892,008 or USD 0.46 basic and diluted share compared with USD 11,566,161 or USD 0.73 per basic and diluted share for the same period last year. For the year 2015, the company looks forward to achieving its goal of strong FORE-SIGHT revenue growth in 2015 of approximately 30%.


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