Question-and-Answer Session
Operator
(Operator Instructions). We'll hear first from Alan Robinson with RBC
Alan Robinson - RBC
Hi, very good afternoon everybody. Congratulations on the revenue number there.
Anne Bugge
Thank you.
Kevin Goodwin
Hello, Alan.
Alan Robinson - RBC
Just on the guidance first of all, Kevin. So, you are looking at the top end of your previous range now for the year for revenue increase, 18%. I guess. That kind of implies to me sub-14% growth for the fourth quarter of the year, which would be the lowest growth over the last seven quarters. Is there anything really going on there or is it more just a case of conservatism there?
Kevin Goodwin
That's what we’re estimating. Last year, we had a robust quarter in the fourth quarter coming out of a couple of less robust quarters. And I’d say that's where the estimate stands at now. We certainly have momentum but by no means would we over-forecast from here.
Alan Robinson - RBC
I guess the question is, are you scaling down your expectations for the fourth quarter to reflect just caution with regard to the new product launches?
Kevin Goodwin
Well certainly, Alan, when you launch five new products let alone one, and they are all really good, you have a process of having the market and the channels digest them. So, that is the concern, sure.
Mike Schuh
Alan, if I could add, if you look at last year, you also have a difficult comp with the International side, which had 41% growth in the fourth quarter last year. So, just keep that in mind.
Alan Robinson - RBC
Okay, fair enough. And then just finally with the new S series range that you've announced, it looks like you are moving away from the Swiss Army knife approach to develop more of an application-specific product lineup.
So how does this design approach impact the number of transducers you expect to sell with a typical unit? Will there be fewer per unit or more or the same, or how will that workout?
Kevin Goodwin
We actually expect rather the same number of transducers to be sold per system, but you did the nail on the head. The application-specific ultrasound, first of its kind in the world of ultrasound and medicine, a category that's now being, if you will, derive from the hand-carry ultrasound category, and we are very excited about at the probe it. The probe per unit estimate is really going to be a constant, in our view.
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