Sirona Dental Systems Inc, Long Island, NY, announced its financial results for the quarter ended September 30, 2014.
Its fourth quarter revenues were $290.0 million, up 4.1% compared to prior year, or up 4.0% constant currency. Fiscal 2014 increased 6.3%, or 3.9% constant currency. Fourth quarter diluted earnings per share of $0.76 on a GAAP-reported basis compared to $0.65 in the prior year. Fourth quarter non-GAAP adjusted EPS of $0.93, up 14.3% compared to $0.81 in the prior year. Fiscal 2014 EPS of $3.13 on a GAAP-reported basis compared to $2.61 in the prior year. Fiscal 2014 non-GAAP adjusted EPS of $3.67, up 7.8% compared to $3.41 in the prior year.
Gross profit was $159.9 million, up $16.6 million. Gross profit margin was 55.1% in the fourth quarter of Fiscal 2014, compared to 51.4% in the prior year.
Management anticipates Fiscal 2015 revenue growth of 6% to 8% in local currencies and non-GAAP adjusted EPS in the range of $3.95 to $4.05 (reflecting growth of approximately 8% to 10%).