Of these 26 Companies, 8 of them filed financial statements with the SEC which included earnings disclosures for all fiscal years from 2007 through the current year 2014.
The other 18 Companies included 3 which didn't have their earnings disclosures for 2008 and 2007 and 15 of them having which had December year ends and which haven't released their December 2014 annual financial statements yet ..... yeah, Health Care Companies are notorious for very late reporting of their financial results.
So just how have these 8 largest San Francisco Bay/Silicon Valley Area Health Care Companies done on the earnings front before, during and after the 2008 financial meltdown? Just incredibly well.
The Total Net Income from Continuing Operations, predominantly audited numbers, of these 8 largest San Francisco/Silicon Valley Health Care Companies, dominated by Gilead Sciences, was $14.669 bil in their Most Recent fiscal Years Ending in 2014, an increase of a very impressive 305% over the $3.633 bil earned by these same 8 companies in 2008 ..... and an even higher 394% increase over the $2.977 bil earned in 2007.
Below here are the US GAAP Net Income (Losses) of each of these 8 largest San Francisco Bay Area/Silicon Valley Area Health Care Companies for all of their fiscal years from 2007 to 2014:
|California Company||HQs||mil $s||mil $s||mil $s||mil $s||mil $s||mil $s||mil $s||mil $s|
|Gilead Sciences||Foster City||Dec 14||12,059||3,057||2,574||2,789||2,890||2,626||1,970||1,576|
|McKesson||San Francisco||Mar 14||1,354||1,347||1,379||1,403||1,130||1,263||989||968|
|Intuitive Surgical||Sunnyvale||Dec 14||418||671||657||495||382||233||204||145|
|Varian Medical Systems||Palo Alto||Sep 14||404||438||427||409||367||331||295||243|
|The Cooper Companies||Pleasanton||Oct 14||272||297||249||175||113||101||65||(11)|
|Align Technology||San Jose||Dec 14||146||64||59||67||74||(31)||80||36|
|Natus Medical||San Carlos||Dec 14||32||23||4||(11)||12||11||17||10|
|Abaxis||Union City||Mar 14||14||27||13||15||13||12||13||10|
|Total all 8||14,699||5,924||5,362||5,342||4,981||4,546||3,633||2,977|
|Earnings % Increase|
|…2014 Over 2008||305%|
|…2014 Over 2007||394%|