Digirad posts second consecutive quarter of positive net income

Nuclear medicine vendor Digirad of San Diego reported growth in both revenues and net income up for the third quarter (end-September 30) over the same period last year.

For the most recent period, total revenues rose 23% to $17.2 million, compared to total revenues of $14 million in the third quarter of 2003.

Net income for the third quarter was $400,000, compared to net income of $47,000 for the third quarter of 2003, marking the company's second consecutive quarter of profitability.

By AuntMinnie.com staff writers
November 2, 2004

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