ArthroCare Total Revenue Increases by 10.6% to $87.9M

ArthroCare reported total revenue for the third quarter of 2010 at $87.9 million, a 10.6 percent increase from the third quarter of 2009, according to a company news release.

The company’s success can be attributed to a decrease in sales and marketing expenses as a result of lower product demonstration costs. The company also experienced a decrease in bad debt allowance requirements due to an improved accounts receivable performance. A decline in American sales was off-set by increased international product sales.

The product sales in ArthroCare’s sports medicine division were reported as $6.4 million, a 12.6 percent increase from the third quarter of 2009. Sales of spine products declined during the third quarter of 2010.

Read the release on ArthroCare’s 3Q FY 2010 financial report.


Josh Sandberg

Josh Sandberg is the President of Ortho Spine Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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