Strong U.S. sales helped push Sirona revenues to $272.4 million in the first quarter of 2013 (end-December 31), an increase of 5.5% over revenues of $258 million for the same quarter a year ago.
Net income for the quarter was the same as the first quarter of 2012 at $38.3 million.
Revenue in the U.S. contributed to robust growth with an increase of 29%; however, revenues outside the U.S. decreased 3.3%.
The exceptional growth in the U.S. was a result of strong demand for imaging and CAD/CAM products, as well as from anticipated tax changes, according to Jost Fischer, outgoing chairman and CEO of Sirona.
Despite solid demand, sales in international markets were impacted by Omnicam capacity constraints and from the prioritization of the U.S., the challenging prior-year comparison for Imaging, and a back-end loaded order intake during the quarter, which will translate into sales in the second quarter of fiscal year 2013, the company noted.
