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Haemonetics

 

Buy Haemonetics stocks

HAEMONETICS (HAE) Stocks

ABOUT HAEMONETICS

? Haemonetics Corporation is a blood and plasma provider.

? The company’s services are provided in more than 50 countries across North and South America, Europe and Asia.

? Its portfolio offers blood management services, solutions for plasma centers, donor process automation, software solutions, solutions for hospitals and blood centers, consulting services, process improvement, client support, technical services and education services.

? Haemonetics Corporation has more than 3 300 employees and is headquartered in Braintree, Massachusetts.

? It also has offices in 16 countries.

HISTORY OF HAEMONETICS

  • In 1971 the company is founded as a producer of blood bags used in blood collection.

  • In the 1990’s it starts expanding with several product lines and technologies.

  • In 1988 a manufacturing company is opened in Holbrook, Massachusetts. The company buys a manufacturing company, Intravenous Solutions, in 1955. 

  • During the next few years more companies are purchased, and the company adds plasma collection machines, software and supplies to its portfolio. Some of these companies include Fifth Dimension Information Systems (blood and plasma software), Information Data Management, Inc., Altivation, Sebra as well as Haemoscope.

  • These acquisitions also expand the company into Arizona and Chicago. 

  • In 2007 Information Data Management, Inc. and Fifth Dimension Information Systems merges into a Haemonetics subsidiary and is named Haemonetics Software Solutions.

  • In 2009 Haemonetics buys Neoteric Technology Ltd and a year later Global Med Technologies, Inc. is purchased.

  • In 2012 the company buys a transfusion medicine business from Pall Corporation.

VISION & VALUES OF HAEMONETICS

  • Haemonetics Corporation values its customers, shareholders and communities.

  • The company’s vision is to be the leader in the industry and to offer highly efficient products and services to its customers around the globe. The company’s mission is to improve the lives of patients and health care providers world-wide.

  • Haemonetics is committed to science, innovation and excellence.

  • The Haemonetics Scientific Advisory Council consists of numerous industry leaders from all over the world and across clinical areas.

  • The council ensures only high quality, innovative operations are followed.

MARKET PERFORMANCE OF HAEMONETICS

  • Haemonetics Corporation trades on the New York Stock Exchange under the NYSE stock symbol “HAE”. 

  • Data analysis for the company’s quarterly period ending June 29, 2019 reports net revenues of US Dollar 238,451 thousand.

  • Gross profit is US Dollar 115,906 thousand. Total operating expenses are US Dollar 129,208 thousand and total assets are US Dollar 1,259,610 thousand. Cash and cash equivalents at the end of the period are US Dollar 190,234 thousand.

  • Net cash provided by financing activities is US Dollar 16,090 thousand. Affordably priced shares can be purchased now.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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