Teleradiology services provider NightHawk Radiology Holdings reported record third-quarter revenues that showed strong growth in revenues and net income.
NightHawk reported sales of $25.2 million, up 47% compared with the $17.1 million reported in the third quarter last year. For the period (end-September 30), the Coeur d'Alene, ID-based firm had adjusted net income of $6.4 million, compared with adjusted net income of $3.4 million a year ago.
Due to the results, NightHawk has raised its full-year 2006 revenue and adjusted earnings guidance. The firm now estimates 2006 revenues will range from $91 million to $92 million, compared with previous guidance of $89 million to $91 million. Adjusted earnings per diluted share will be in the range of 67¢ to 69¢ per share, compared with previous guidance of 61¢ to 64¢ per share.
By AuntMinnie.com staff writers
October 23, 2006
Related Reading
NightHawk files for stock offering, October 6, 2006
NightHawk turns in record Q2, July 26, 2006
NightHawk revenues boom in Q1, May 5, 2006
NightHawk Radiology shows revenue uptick in 2005, March 9, 2006
NightHawk Radiology prices IPO, February 9, 2006
Copyright © 2006 AuntMinnie.com
