The Spectranetics Corporation

The Spectranetics Corporation develops, manufactures, markets and distributes single-use medical devices used in minimally invasive procedures within the cardiovascular system. The Company’s products are used to treat arterial blockages in the heart and legs and in the removal of pacemaker and defibrillator leads. The Company’s Vascular Intervention products include a range of laser catheters for ablation of blockages in arteries above and below the knee, the AngioSculpt scoring balloon used in both peripheral and coronary procedures and Stellarex drug-coated balloon peripheral angioplasty platform. The Company also markets support catheters and retrograde access and guidewire retrieval devices used in the treatment of peripheral arterial blockages. The Company markets aspiration and cardiac laser catheters to treat blockages in the heart. The Lead Management product line includes excimer laser sheaths, dilator sheaths, mechanical sheaths and accessories for the removal of pacemaker and defibrillator cardiac leads.
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Employee Rating

3.2More
TypeSubsidiary
Parent CompanyPhilips
HQColorado Springs, CO, US
Founded1984
Websitespectranetics.com
The Spectranetics Corporation was founded in 1984 and is headquartered in Colorado Springs, CO, US

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The Spectranetics Corporation Office Locations

The Spectranetics Corporation has offices in Colorado Springs, Fremont, Maple Grove, Paris and in 2 other locations
Colorado Springs, CO, US (HQ)
9965 Federal Dr
Fremont, CA, US
5055 Brandin Ct
Fremont, CA, US
6531 Dumbarton Cir
Maple Grove, MN, US
6655 Wedgwood Rd N
Paris, FR
18 rue de l’Arcade
Würzburg, DE
Schweinfurter Strasse 7
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The Spectranetics Corporation Financials and Metrics

Summary Metrics

Founding Date

1984
The Spectranetics Corporation is a subsidiary of Philips

The Spectranetics Corporation Revenue

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View revenue for all periods
The Spectranetics Corporation's revenue was reported to be $270.82 m in FY, 2016 which is a 10.1% increase from the previous period.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

127.3m140.3m158.8m204.9m246.0m270.8m

Revenue growth, %

29%20%10%

Cost of goods sold

35.7m37.9m41.4m51.4m62.9m68.3m

Gross profit

91.6m102.4m117.5m153.5m183.1m202.5m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

39.6m37.8m128.4m95.5m84.6m57.2m

Accounts Receivable

18.1m19.9m26.8m41.1m

Prepaid Expenses

2.4m2.5m2.7m8.1m

Inventories

8.5m9.3m9.5m25.4m8.1m27.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

894.0k2.2m(370.0k)(40.9m)(59.5m)(58.1m)

Depreciation and Amortization

10.0m9.9m10.6m16.8m26.6m27.4m

Inventories

(929.0k)(884.0k)(359.0k)(3.0m)497.0k(3.7m)

Accounts Payable

6.3m4.4m3.3m13.7m7.8m
USDQ2, 2011

Financial Leverage

1.3 x
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The Spectranetics Corporation Online and Social Media Presence

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The Spectranetics Corporation Frequently Asked Questions

  • When was The Spectranetics Corporation founded?

    The Spectranetics Corporation was founded in 1984.

  • How many employees does The Spectranetics Corporation have?

    The Spectranetics Corporation has 389 employees.

  • What is The Spectranetics Corporation revenue?

    Latest The Spectranetics Corporation annual revenue is $270.8 m.

  • What is The Spectranetics Corporation revenue per employee?

    Latest The Spectranetics Corporation revenue per employee is $696.2 k.

  • Who are The Spectranetics Corporation competitors?

    Competitors of The Spectranetics Corporation include Ra Medical Systems, Stryker and Axis Spine.

  • Where is The Spectranetics Corporation headquarters?

    The Spectranetics Corporation headquarters is located at 9965 Federal Dr, Colorado Springs.

  • Where are The Spectranetics Corporation offices?

    The Spectranetics Corporation has offices in Colorado Springs, Fremont, Maple Grove, Paris and in 2 other locations.

  • How many offices does The Spectranetics Corporation have?

    The Spectranetics Corporation has 7 offices.