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"He had a real nose for medical investing and what could be profitable in a clinical environment.
This year, he said the plan was raise up to $20 million, enough to be profitable in a year.
One media analyst said that Mr. Karmazin, in recent private conversations, said "UPN will be profitable in a year".
"That lets us be profitable in a whole host of locations that traditional beverage machines would have a hard time operating in," Lee says.
Woehrle expects that the company will be profitable in a year or two, which is pretty good for a new small business.
(James Surowiecki) To the extent that banks have managed to be profitable in a competitive banking sector, that still requires an explanation.
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Mr. Yost's bid for Dana is driven by his view that only large diversified auto suppliers can compete and be profitable in an industry that faces constant pressure from automakers to cut costs and deliver larger pieces of vehicles.
Sensitivity analyses showed that the device industry would likely be profitable in all 3 scenarios over a range of assumptions.
"Investors are being very selective; Zipcar is trading well because it is establishing a new market and they are profitable in a number of their early markets".
At the same time, a bankruptcy restructuring has put The National Post, which was founded in 1998 and has never been profitable, in a competitive position many thought unlikely.
Falling sales can drive a division from profit to loss if revenues do not offset fixed costs, meaning that a PC business which was profitable in a growing or buoyant market suddenly shifts to loss as the market contracts.
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