Virtual colonoscopy and contrast developer E-Z-EM reported fiscal 2003 second-quarter sales of $32.9 million, up 8% compared with the $30.6 million posted in its 2002 fiscal second quarter. For the period (end-November 30), the Westbury, NY-based firm had net earnings of $988,000, compared with a net loss of $1.1 million in the same period last year.
The company attributed the improved results to increased sales of its core radiology imaging products for the CT market, and to the continued performance of its AngioDynamics subsidiary in the interventional radiology sector.
For the first two quarters of fiscal 2003, E-Z-EM has reported net earnings of $247,000 on net sales of $63.1 million, compared with a net loss of $1.2 million on net sales of $58.2 million for the same period last year.
By AuntMinnie.com staff writersJanuary 15, 2003
Related Reading
PointDx, E-Z-EM ink license agreement, January 2, 2003
E-Z-EM touts colon CAD for InnerviewGI, December 10, 2002
E-Z-EM completes recapitalization merger, October 22, 2002
E-Z-EM posts Q1 financials; gets recapitalization approval, October 16, 2002
E-Z-EM adds new Varibar agent, October 14, 2002
Copyright © 2003 AuntMinnie.com
