Zoll Medical reports earnings gain

Zoll Medical Corp., a manufacturer of resuscitation devices such as defibrillators and portable infusion pumps, said today that second quarter net income rose 78 percent to $5.7 million.

The Chelmsford company cited strong growth in all major parts of its business and added that it now expects to "modestly outperform" its fiscal year 2008 plan.

On a diluted earnings per share basis, net income was 27 cents, up from 15 cents a year ago, the company said.

Second-quarter revenues were $99 million, an increase of 40 percent from a year ago, Zoll Medical said.

In a statement, company president and chief executive Richard A. Packer discussed current expectations for 2008.

"We hope to achieve earnings per share of $1.10 for fiscal 2008, a 10 percent increase from our original guidance of $1.00 established at the beginning of the fiscal year," Packer said.
(By Chris Reidy, Globe staff)