MedQuist Q1 revenue drops

AuntMinnie.com staff writers
May 7, 2009

Lower medical transcription revenue cut into MedQuist's first-quarter financial figures.

For the period (end-March 31), the Mount Laurel, NJ-based speech recognition and transcription technology provider posted net revenue of $78.9 million, a decline of 6% from $83.7 million in the first quarter of 2008. Net income was $6.9 million, compared with a net loss of $4.4 million in the same quarter a year ago.

Related Reading

MedQuist taps Gold for VP post, April 6, 2009

MedQuist receives final judgment on lawsuit, April 3, 2009

MedQuist resolves SEC investigation, March 16, 2009

MedQuist pays $6.6 million to resolve false claims allegations, December 3, 2008

MedQuist to collaborate with Primordial, November 20, 2008

Copyright © 2009 AuntMinnie.com

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