BioTelemetry

The healthcare industry is at a critical juncture, where every effort is being made to increase the effectiveness of care, while decreasing the financial burden on our system. With the introduction of BioTelemetry, we aim to lead in the advancement of mobile health monitoring by providing unmatched products and services to help healthcare professionals track and diagnose patients in a more efficient, accurate, and cost-effective manner. In April 2013, our predecessor company, CardioNet, Inc. (NASDAQ: BEAT), announced plans to adopt a holding company structure to more effectively facilitate our ongoing growth plans. With this change, our strategy is to achieve sustained long-term growth by solidifying our leadership position in remote cardiac monitoring, building a leading research services business, and identifying markets that would benefit from the application of our wireless platform and proprietary technology. We currently have four subsidiaries: CardioNet & Mednet- cardiac medical device & monitoring services, Braemar- cardiac manufacturing, Cardiocore- cardiac clinical research.
Type
Public
HQ
Malvern, US
Founded
2013
Size (employees)
938 (est)
BioTelemetry was founded in 2013 and is headquartered in Malvern, US

BioTelemetry Office Locations

BioTelemetry has office in Malvern
Malvern, US

BioTelemetry Metrics

BioTelemetry Summary

Market capitalization

$699 M

Closing share price

$25
BioTelemetry's current market capitalization is $699 M.

BioTelemetry Financials

BioTelemetry's revenue is $179 M in FY, 2015 which is 7.16% increase from the previous period.
FY, 2015FY, 2014FY, 2013FY, 2012FY, 2011

Revenue

$179 M$167 M$130 M$111 M$119 M

Revenue growth, %

7.2%28.6%16.2%-6.3%

Cost of goods sold

$4.94 M$5.07 M$6.25 M

Gross profit

$107 M$93.5 M$79.1 M$106 M$113 M

Gross profit Margin, %

96.2%95.4%94.8%

Operating income

$9.52 M$-4.31 M$-6.88 M

Operating expense total

$97 M$97.8 M$86 M

Income tax expense

$215 K$-905 K$244 K

Net Income

$7.43 M$-9.79 M$-7.32 M

Operating cash flow

$-1.02 M$-2.14 M$3.85 M

BioTelemetry Market Value History

BioTelemetry News

BioTelemetry Company Life

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