Wilmington, Mass.-based Accellent suffered a net loss of $62.1 million in the first quarter of 2013, compared to $7 million in 2012, due largely to a $51 million pre-tax goodwill impairment charge from changing the composition of segments and reporting units. 
The company's gross profit this past quarter was $25.9 million, down 12.2 percent from the same period last year. Net sales were also down 3 percent, from $124.5 million in 2012 to $120.8 million in 2013.
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The company's gross profit this past quarter was $25.9 million, down 12.2 percent from the same period last year. Net sales were also down 3 percent, from $124.5 million in 2012 to $120.8 million in 2013.More Articles on Devices:
Medical Device Tax Costs Will Be Absorbed by Companies, Not Passed to Hospitals
Orthofix's Slumped Spine, Orthopedic Sales Brought 17% Gross Profit Drop in Q1
Misonix Names Scott Ludecker VP of Global Sales & Marketing