Earnings roundup: Nutrisystem turns a profit despite falling sales, ATS Medical loss narrows

By AP
Monday, March 1, 2010

Earnings roundup: Nutrisystem, ATS Medical

Among the earnings stories for Monday, March 1, from AP Financial News:

HORSHAM, Pa. (AP) — Nutrisystem Inc. tightened its belt and turned a profit in the fourth quarter despite falling sales.

MINNEAPOLIS (AP) — Heart surgery product maker ATS Medical Inc. said its fourth-quarter loss narrowed on lower costs.

CARLSBAD, Calif. (AP) — Biotechnology company Isis Pharmaceuticals Inc. said its fourth-quarter loss widened on a boost in research and development costs.

ARMONK, N.Y. (AP) — MBIA Inc. says its fourth-quarter loss narrowed, although losses from mortgage-related securities continued to hammer the bond insurer.

WESTMINSTER, Colo. (AP) — Biotechnology company Allos Therapeutics Inc. said its fourth-quarter loss widened on higher costs associated with sales of the cancer drug Folotyn.

FORT WORTH, Texas (AP) — Natural gas and oil producer Quicksilver Resources Inc. posted a fourth-quarter profit of $32.5 million, or 19 cents per share, as revenue grew, compared with a loss a year earlier, when it recorded several charges.

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