ROCM

Rochester Medical bets on direct sales force to boost growth

Rochester Medical (NASDAQ:ROCM), a Minnesota urology and urinary incontinence treatment company, has a three-year plan to double sales. As such, the company, which makes silicone disposable urological catheters,  has been rapidly adding to its U.S. sales force. In a conference call to discuss quarterly performance Thursday, CEO Anthony Conway pointed out that the company has […]

Loss widens for Rochester Medical in second quarter

Acquisition costs and increased sales and marketing widened second-quarter losses at Rochester Medical, the company announced Thursday. The Stewartville, Minnesota company, which makes silicone disposable urological catheters, saw revenue jump 31 percent to $12.9 million in the quarter ended March 31, up from $9.9 million in the same period a year ago. Loss widened to […]