Spectranetics (SPNC) Misses Q1 EPS by 7c

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Spectranetics Achieves First Quarter 2015 Revenue of $57.4 Million

April 23, 2015 4:03 PM EDT

Expands Stellarex Program to Below the Knee Market

Updates 2015 Outlook

COLORADO SPRINGS, Colo., April 23, 2015 (GLOBE NEWSWIRE) -- The Spectranetics Corporation (Nasdaq: SPNC) today reported financial results for the three months ended March 31, 2015. Highlights of the quarter, all compared with the three months ended March 31, 2014 include:

Revenue of $57.4 million, up 45% (47% constant currency1) Vascular Intervention revenue of $36.5 million grew 82% (84% constant currency) U.S. peripheral atherectomy revenue grew 16% AngioSculpt® revenue of $14.0 million achieved Lead Management revenue of $16.4 million increased 14% (16% constant... More