Friday, August 22, 2014

Novadaq Q2 revenue jumps on direct sales

Novadaq Q2 revenue jumps on direct sales

August 5, 2014 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) posted a 38% gain in second quarter revenue to $11.2-million. Novadaq’s strategy of investing in a direct sales team resulted in $5.1-million in PINPOINT and LUNA sales, compared with $1.2-million in the second quarter last year. “The second quarter marks a milestone for us, as approximately half of our revenues […]

Three BT-featured CEOs sweep EY award finalist selections

Three BT-featured CEOs sweep EY award finalist selections

July 7, 2014 by · Leave a Comment 

Tweet All three finalists for the EY 2014 Ontario Entrepreneur of the Year award in the health sciences category have been featured in the past on BioTuesdays.com. They are Anthony Giovinazzo of Cynapsus Therapeutics (OTCQX:CYNAF; TSX-V:CTH), Tom Reeves of closely held Interface Biologics and Dr. Arun Menawat of Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ). The Ontario winners will be announced […]

Analyst highlights Novadaq, Cipher on BNN

Analyst highlights Novadaq, Cipher on BNN

July 7, 2014 by · Leave a Comment 

Tweet Douglas Loe, a health care and biotech analyst with Euro Pacific Canada, discussed the state of the sector today in an interview with BNN’s Pamela Richie. Mr. Loe’s buy recommendations include Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) and Cipher Pharmaceuticals (OTCBB:CPHMF; TSX:DND). The interview can be accessed here.

RBC upgrades Novadaq to outperform

RBC upgrades Novadaq to outperform

May 8, 2014 by · Leave a Comment 

Tweet RBC Capital Markets has upgraded Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) to “outperform” from “sector perform,” holding its price target at $18. The stock closed at $14.06 on Wednesday. “First quarter earnings were largely in-line but concerns related to a potential partner transition and associated product performance appear to have caused some concern,” writes analyst Douglas […]

Novadaq Q1 revenue climbs 41%

Novadaq Q1 revenue climbs 41%

May 7, 2014 by · Leave a Comment 

Tweet First quarter revenue for Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) rose 41% to $10.3-million from $7.3-million a year ago. The company’s strategy of investing in a direct sales team resulted in sales of PINPOINT and LUNA products reaching $4.6-million, compared with $200,000 in the first quarter last year $3.3-million in the final quarter of 2013. First […]

Novadaq to acquire Aimago S.A.

Novadaq to acquire Aimago S.A.

April 24, 2014 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) has agreed to acquire all outstanding shares of Aimago S.A., a closely held medical imaging company, founded in 2008 as a spin off from Ecole Polytechnique Federale de Lausanne, a Swiss-based academic and research institution. Aimago’s lead product, the EasyLDI Perfusion Camera, incorporates patented, high-speed, full field laser Doppler technology. […]

Novadaq revenue up 57% in Q4

Novadaq revenue up 57% in Q4

February 6, 2014 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) has reported fourth quarter revenue of $10.7-million, a 57% year-over-year gain, bringing revenue for all of 2013 to $35-million, an increase of 52%, compared with 2012. Growth was driven by increases in the number of patients treated using the company’s fluorescence imaging technologies, and increases in capital sales of its […]

Swissray Asia to distribute Novadaq imaging systems

Swissray Asia to distribute Novadaq imaging systems

November 7, 2013 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX:NDQ) and Swissray Asia have entered into an international distribution agreement, making Swissray Asia the exclusive distributor of Novadaq imaging systems for the regions of Australia and Indonesia, as well as other Southeast Asia and Oceania countries. Under the accord, Novadaq and Swissray have agreed upon minimum annual purchase commitments for […]

Novadaq prices $105-million offering

Novadaq prices $105-million offering

October 24, 2013 by · Leave a Comment 

Tweet Novadaq Technologies (NASDAQ:NVDQ; TSX;NDQ) has priced the public offering of 6.25 million new common shares at a price of $16.75 each to raise about $105-million. Net proceeds will be used for general corporate purposes, including potential future acquisitions, capital expenditures, investments required to commercialize PINPOINT and LUNA, procurement of raw material supply and for […]

Novadaq Q3 revenue up 49%

Novadaq Q3 revenue up 49%

October 22, 2013 by · Leave a Comment 

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Tweet Third quarter revenue for Novadaq Technologies (NASDAQ:NVDQ; TSX;NDQ) rose 49% to $8.9-million, compared with the year earlier period, driven primarily by continued adoption of SPY technology procedures and higher capital system sales. Gross profit for the latest quarter also rose 49% to $5.7-million, compared with $3.9-million a year earlier. During the third quarter of […]

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