Historical Stock Price Data on Kinetic Concepts

Free Historical Stock Data on Kinetic Concepts

Stock Symbol: KCI

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Business Description
Kinetic Concepts, Inc. is a global medical technology company active in the areas of advanced wound care and therapeutic surfaces. The Company designs, manufactures, markets and services a wide range of proprietary products, which can significantly improve clinical outcomes while reducing the overall cost of patient care by accelerating the healing process or preventing complications. The Company's advanced wound care systems incorporate its proprietary Vacuum Assisted Closure (VAC) technology, which has been clinically demonstrated to promote wound healing and reduce the cost of treating patients with serious wounds. The Company's therapeutic surfaces, including specialty hospital beds, mattress replacement systems and overlays, are designed to address complications associated with immobility and obesity, such as pressure sores and pneumonia.

Financial Information
For the nine months ended 9/30/04, total revenue rose 31% to $719 million. Net loss applicable to Common rose 90% to $3.3M. Results reflect increase in V.A.C wound healing devices, offset by higher operating expenses and preferred stock dividends.

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