![natus nicview natus nicview](https://4.bp.blogspot.com/-PGc-3pVSJz0/WjshSpQlEmI/AAAAAAAAAfw/zDFgKkdj-24Fp8zl75vtHNvF1LuWWuo8wCLcBGAs/s1600/nicview-stream-on-cellphone.png)
On Tuesday's earning call, Natus Medical said it wants to make NicView a standard practice for NICUs and nurseries worldwide. Obviously you can see the scale these cameras have and the opportunity they can provide for hospitals. At that time, 40 NICUs in the United States had NicView cameras, including 9 of the top 50 Children's Hospitals. Another study showed that from June 2012 to June 2014, one million logins took place to view 7147 babies. The families and friends had logins from 45 states and 31 countries. In a one year period, the cameras showed babies that represented 352 families. The idea sounds so simple and also sounds like one of those why hasn't this been around before items.Ī case study listed for UMass Memorial Medical Center shows the hospital purchased 49 video only NicView web cameras. The you is parents, grandparents, and other friends and family. The company's motto begins to say it all with "when you are unable to be there physically, you can be there virtually!" The there in question is a hospital, NICU, or baby nursery. The other recent acquisition was Natus Medical buying NicView. A key figure here is $75 to $100 million, which is the sales goal Natus sees as it expands GND across the country. Natus said at the time of the acquisition, "We look forward to now expanding it to our customers throughout the United States." The company confirmed that operating margins for GND are above 20% on the conference call Wednesday. GND is currently operating only in Texas and has produced $7 million in the one state with high margins resulting in a profit as well. Natus might have gotten a real deal here, with a now announced $11 million price tag. The key here is expanding GND nationwide. GND also has the only at home EEG test that has received accreditation from some of the top organizations in the field. Global Neuro-Diagnostics has patented equipment for this at home testing. Global Neuro-Diagnostics offers a more convenient way to complete routine EEG (electroencephalography) testing, which can be completed at home, hospital, or a doctor's office. Global Neuro-Diagnostics is a small firm with $7 million in revenue. On Monday, the company announced the acquisition of Global Neuro-Diagnostics, extending Natus into neurodiagnostics. The company said this about the two deals, "These new offerings are the beginning of an expanding service business and position Natus for accelerating revenue growth and record earnings in 2015." Both acquisitions announced in January are in the early stage of producing revenue and being integrated into Natus's existing sales force. My bullishness towards Natus Medical is helped by the improving margins and the growth of hearing tests, but also by two recent acquisitions. The key here is improving profitability as margins improve (16.1% in fourth quarter) towards the company's long term goal (2016) of 20%. While the company is seeing growth, it is also only forecasting revenue to increase around 3 to 5%. One of the key pieces of an investment in Natus is its improving operating margins. The company then turned to using cash to reward shareholders by purchasing $1.2 million worth of its own shares. In the fourth quarter, Natus paid off all of its remaining debt and is now debt free. Domestic sales made up 62% of total sales.Īnother highlight of the quarter was the company's improving financials. The newborn segment saw revenue of $32.3 million. The company's neurology segment saw $61.7 million in revenue. The company saw fourth quarter revenue grow 3.7% to $94.0 million. The company beat analysts' expectations for both revenue and earnings during the fourth quarter.
#Natus nicview full
Natus Medical reported record fourth quarter and full year earnings on Wednesday. That long with the continued momentum from the company's hearing testing installations bodes well for shareholders of Natus.
![natus nicview natus nicview](https://www.eurocare.fr/wp-content/uploads/2018/11/051262H_Biliband_Datasheet_EN_US_lo-res_page1_image2.jpg)
Natus Medical has made two acquisitions already in the short 2015 year that I believe will have a significant impact on the coming growth story. Replacements have been ordered by the hospital but are on backorder at this time.Despite a strong 67% increase in its share price, Natus Medical (BABY) may be one of the best companies for small cap investors to consider for 2015. The representative stated that there is nothing planned at this time to prevent or correct this issue due to no other hospitals that are experiencing this problem. Manufacturer response for camera flex arm accessory, natus nicview 2 (per site reporter).Ī company representative was notified by hospital clinical engineering dept. Clinical engineering has identified the following concern: the flex arms on 15 cameras have lost rigidity which prevents the camera from functioning as intended (camera is held up to view the baby).