Contrast and virtual colonoscopy accessory developer E-Z-EM reported net sales of $33.4 million in its first quarter of fiscal 2007 (end-September 2), a 2.8% slump compared with the prior year's first-quarter net revenues of $34.4 million.
The Lake Success, NY-based firm stated that net sales in the previous year's first quarter benefited from an additional selling week compared with the fiscal 2007 first quarter, as well as from approximately $1.6 million in backlog sales associated with the voluntary recall of certain liquid barium products by the Mallinckrodt business unit of Tyco Healthcare, which affected CT imaging and x-ray fluoroscopy products.
Net earnings for the fiscal 2007 first quarter were $1.6 million, also down from net earnings for the fiscal 2006 first quarter of $2.6 million. E-Z-EM said that its first-quarter fiscal 2007 results reflect a loss from discontinued operations of $200,000 associated with the closing of its Japanese subsidiary.
The company affirmed its financial guidance for fiscal year 2007 with net sales of at least $147 million and net earnings of at least $7.4 million.
By AuntMinnie.com staff writers
October 11, 2006
Related Reading
E-Z-EM signs Amerinet, September 11, 2006
E-Z-EM notches record fiscal year, August 11, 2006
E-Z-EM launches new insufflator, May 22, 2006
E-Z-EM delivers upbeat Q3, April 12, 2006
E-Z-EM posts strong Q2, January 11, 2006
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![Axial images from unenhanced calcium score cardiac CT (left) and curved planar reformation images from CT angiography (right) show that higher long-term exposure to air pollution is associated with greater coronary artery calcium and more obstructive coronary artery disease (CAD). Top row: Images in a 68-year-old male patient with higher 10-year mean ambient air pollution exposure (7.9 μg/m3 for particulate matter measuring ≤2.5 μm in diameter [PM2.5] and 17.4 parts per billion [ppb] for NO2) with extensive CAD (coronary artery calcium score [CACS] >1,000 and obstructive CAD [≥70% diameter stenosis]). Bottom row: Images in a 57-year-old female patient with lower 10-year mean ambient air pollution exposure (6.3 μg/m3 for PM2.5 and 4.6 ppb for NO2) with no CAD (CACS = 0 and no obstructive stenosis).](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/06/hanneman.r6SMLzkezo.png?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
