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Last $3.14 USD
Change Today -0.02 / -0.63%
Volume 4.4K
INFU On Other Exchanges
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

infusystem holdings inc (INFU) Snapshot

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52 Week High
10/28/14 - $4.50
52 Week Low
03/6/15 - $2.43
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infusystem holdings inc (INFU) Details

InfuSystem Holdings Inc., through its subsidiaries, provides infusion pumps, and related products and services in the United States and Canada. It supplies electronic ambulatory infusion pumps and associated disposable supply kits to oncology clinics, infusion clinics, hospital outpatient, and chemotherapy clinics for the treatment of various cancers, including colorectal cancer, pain management, and other disease states. The company also sells, rents, and leases new and pre-owned pole mounted and ambulatory infusion pumps; and provides biomedical recertification, maintenance, and repair services for oncology practices, as well as other alternate site settings comprising home care and home infusion providers, skilled nursing facilities, pain centers, and others. It delivers local and field-based customer support, as well as operates pump service and repair centers. InfuSystem Holdings Inc. was founded in 2005 and is headquartered in Madison Heights, Michigan.

222 Employees
Last Reported Date: 03/9/15
Founded in 2005

infusystem holdings inc (INFU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $507.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $368.2K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $363.1K
Compensation as of Fiscal Year 2014.

infusystem holdings inc (INFU) Key Developments

InfuSystem Holdings, Inc. Integrates with Epic Emr System at University of California - San Diego Moores Cancer Center

InfuSystem Holdings, Inc. announced the rollout of InfuSystem EXPRESS, the company's patent-pending EMR connectivity solution, at the University of California - San Diego Moores Cancer Center. InfuSystem EXPRESS immediately improves a practice's workflow by automating the daily processes associated with treatment logs and pump assignments, as well as tracking and standardizing data flow at practices with multiple locations. In addition to facilities using Epic, InfuSystem EXPRESS integrates with Varian, Altos and other popular electronic medical record management systems at sites nationwide.

InfuSystem Holdings, Inc. Announces Directorate Changes

InfuSystem Holdings, Inc. announced the board of directors has elected Gregg O. Lehman, PhD., as chairman of the board of directors, effective May 13, 2015. Dr. Lehman, a member of the company's board since 2014, succeeds Ryan J. Morris, who had served as chairman since 2012 and will continue to serve on company's board.

InfuSystem Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Quarter Ended March 31, 2015; Revises Revenue Guidance for the Year 2015

InfuSystem Holdings, Inc. reported unaudited consolidated earnings results for the quarter ended March 31, 2015. For the quarter, the company’s net revenues were $16.7 million, down $0.5 million, or 3%, from $17.2 million in the first quarter of 2014, which benefited from an opportunistic pump sale of approximately $0.9 million in the first quarter of 2014. Net loss was $0.4 million, equal to $0.02 per diluted share, compared to income of $0.6 million, or $0.03 per diluted share, in the same prior year period. Adjusted net income was $0.7 million, or $0.03 per diluted share against $0.573 million or $0.03 per diluted share a year ago. Adjusted EBITDA was $3.8 million compared to $3.3 million for the same period in 2014. Operating income was $1.552 million against $1.776 million a year ago. Loss income before income taxes was $0.700 million against income before income taxes of $0.932 million a year ago. Net cash used in investing activities was $2.552 million against net cash provided by investing activities of $0.125 million a year ago. Purchases of medical equipment and property was $3.670 million against $1.127 million a year ago. EBITDA was $1.706 million against $3.186 million a year ago. Revenues were down 3% from the first quarter of 2014. This is largely due to a 34% decrease in product sales, which is due to the opportunistic pump sale that Eric mentioned in the prior year quarter of $0.9 million. The prior year's pump sale was partially offset by an increase in rental business of $0.6 million. The company increased its 2015 guidance to double-digit net collected rental revenue growth 'revenue less bad debt - for fiscal year 2015. Previous 2015 guidance was high single digit revenue growth. The company set for growing revenues profitably in 2015.


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