CASMED Announces First Quarter 2013 Financial Results

FORE-SIGHT Sales Increase 31%

Conference Call Begins at 10:00 a.m. ET Today

Branford, Conn. (May 8, 2013) - CAS Medical Systems, Inc. (NASDAQ: CASM), (CASMED), a leader in medical devices for non-invasive patient monitoring, today reported financial results for the three months ended March 31, 2013. Net sales were $5.6 million for the first quarter of 2013, compared with $5.4 million for the first quarter of 2012. The net loss applicable to common stockholders was ($0.14) and ($0.17) per share for the first quarter of 2013 and 2012, respectively.

Highlights of the first quarter of 2013 and recent weeks include (all comparisons are with the first quarter of 2012):

  • Increased total net sales 3%.

  • Increased FORE-SIGHT

© Publicnow - 2013