| 2016-10-19 06:04:12|
BABY 06:04 10/19 10/19/16
Natus Medical sees Otometrics acquisition accretive to 2017 earnings
"We now expect our recently announced acquisition of Otometrics to close on January 1, 2017. With Otometrics next year, we look forward to achieving $500 million in revenue, an important milestone for Natus. We expect Otometrics to be accretive to our 2017 earnings with a non-GAAP contribution operating margin goal for the year of 10% and a 2018 goal of 20%," said CEO Hawkins.