Protocol gives profit warning on Far Eastern sales:
This article was originally published in Clinica
Executive Summary
Protocol Systems, a US maker of patient monitoring systems using electronic technology and advanced software concepts, is warning that the soft international market - particularly in the Far East and Europe - will knock around $2 million off its fourth-quarter revenues and will damage the company's earnings. However, Protocol says that domestic business rose by 20% in the fourth quarter and the company is predicting earnings for 1998 to remain flat, and revenues will be in line with estimates of between $73 million and $76 million.