InSight posts lower Q1 results

Imaging services provider InSight Health Services of Lake Forest, CA, posted a drop in sales and a net loss in its first quarter (end-September 30), the company said.

Revenues decreased 6.9%, from $67.8 million for the three months ended September 30, 2007, to $63.1 million for the same period in 2008. InSight sustained a net loss of $7.2 million for the period in 2008, compared with a net income of $188,000 for the same period in 2007.

Fixed-site revenues decreased 9.2%, from $43.2 million for the period in 2007 to $39.2 million for the current quarter. Mobile operations revenues decreased 2.9%, from $24.6 million in 2007 to $23.9 million for the three months ended September 30, 2008, the company said.

Related Reading

InSight signs LA County MRI contract, July 8, 2008

InSight CFO to resign, July 1, 2008

InSight completes final imaging center sale, June 19, 2008

InSight Health's revenues dip in Q3, May 20, 2008

InSight appoints new COO, May 15, 2008

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