dj Orthopedics Reports Preliminary 2005 Financial Performance
BY JOHN CHOPACK, JANUARY 10, 2006
The Company reported 4Q:05 revenues of $75 million which was a 10% increase over 4Q:04 revenues. dj Orthopedics also reported a 12% increase in 2005 revenues which totaled $286 million. Analysts were anticipating revenues of $71 million for the 4Q:05 and $283 million for 2005. Management also announced that the Company's 4Q:05 Domestic Rehabilitation sales increased 17%, domestic regeneration sales increased 19% and International sales increased 19%.
dj Orthopedics' stock has outperformed a majority the orthopedic stocks within HealthpointCapital's Orthopedic Index. The Company's stock experienced a 27% increase compared to a 3% increase in the S&P 500 during 2005.
Les Cross, CEO of dj Orthopedics stated, "Solid execution against our 2005 growth strategies enabled us to exceed our original expectations for revenue growth." He also stated that the Company anticipates that they expect a 4Q:05 operating margin of 19%.
