Last $0.16 USD
Change Today +0.0003 / 0.16%
Volume 34.3K
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As of 8:10 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

vasomedical inc (VASO) Snapshot

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52 Week High
03/26/14 - $0.50
52 Week Low
12/15/14 - $0.14
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vasomedical inc (VASO) Details

Vasomedical, Inc. designs, manufactures, markets, and supports enhanced external counterpulsation (EECP) systems, ambulatory monitoring systems, and other medical equipment. Its EECP therapy is used for the treatment of chronic stable angina and congestive heart failure, as well as for acute myocardial infarction, and cardiogenic shock. The company also offers in-service and training support for the EECP systems; and distributes GEHC diagnostic imaging products. The company offers its products and services to treatment providers, such as hospitals, clinics, and physician private practices through sales managers in the United States; and a network of independent distributors internationally. Vasomedical, Inc. was founded in 1987 and is headquartered in Westbury, New York.

215 Employees
Last Reported Date: 03/27/14
Founded in 1987

vasomedical inc (VASO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $375.0K
Chief Financial Officer and Secretary
Total Annual Compensation: $200.0K
Senior Vice President, Chief Executive Office...
Total Annual Compensation: $600.0K
Vice President of Finance, Controller and Tre...
Total Annual Compensation: $165.0K
Compensation as of Fiscal Year 2013.

vasomedical inc (VASO) Key Developments

Vasomedical Inc. Announces Auditor Changes

At a meeting held on December 9, 2014, the Audit Committee of Vasomedical Inc. approved the engagement of Marcum LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2014, subject to their approval. Marcum accepted this engagement on December 12, 2014, at which time the company's prior independent registered public accounting firm, KPMG LLP, was dismissed.

Vasomedical Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Vasomedical Inc. announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, revenue was $7,643,000 against $7,606,000 a year ago. Operating loss was $149,000 against $492,000 a year ago. Loss before taxes was $97,000 against $555,000 a year ago. Net loss was $123,000 against $464,000 a year ago. The decrease in the loss is principally due to the increase in gross profit from sales representation segment partially offset by a decrease in the gross profit in Equipment segment. For the nine months, revenue was $22,599,000 against $22,795,000 a year ago. Operating loss was $1,443,000 against $1,704,000 a year ago. Loss before taxes was $1,293,000 against $1,684,000 a year ago. Net loss was $1,343,000 against $1,649,000 a year ago.

Vasomedical Inc. to Report Q3, 2014 Results on Nov 12, 2014

Vasomedical Inc. announced that they will report Q3, 2014 results at 10:00 AM, US Eastern Standard Time on Nov 12, 2014


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Valuation VASO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 4.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x

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