Israel-Medical-Healthcare

[genisi]

GIVN - good quarter, will get better with Fuji in Japan

Given Imaging posts higher Q2, backs '09 view

http://www.reuters.com/article/marketsNews/idINBNG35056620090805?rpc=44

* Q2 EPS 12 cents vs est 6 cents

* Q2 revenue $36 mln vs est $34.6 mln

* Backs '09 profit and revenue view

Aug 5 (Reuters) - Given Imaging Ltd (GIVN.O: Quote, Profile, Research, Stock Buzz) posted a 69 percent jump in quarterly net profit that also topped market estimates, helped by strong sales of its Bravo pH monitoring system and PillCam video capsules, and backed its 2009 outlook.

Net income for the second quarter was $4.9 million, or 16 cents a share, compared with $2.9 million, or 9 cents a share, in the year-ago quarter. [ID:nWNBB9912]

Excluding a tax benefit, the company earned 12 cents a share, according to Reuters Estimates.

Worldwide revenue rose 9 percent to $36.0 million. PillCam SB sales rose 8 percent.

For 2009, the company still expects earnings of 46 cents to 54 cents a share, excluding items, on revenue of $141 million to $148 million.