MDS revenues dip in third quarter

AuntMinnie.com staff writers
Sep 3, 2008

Canadian healthcare company MDS of Mississauga, Ontario, posted its third quarter (end-July 31) financial results.

The company reported total revenue of $321 million, the same amount as the previous year during the same period. Net revenue was $298 million, a 3% decrease compared to $308 million in the third quarter of 2007.

Its subsidiary, MDS Nordion, also saw a 5% dip in revenue, reporting $72 million for the quarter compared to $76 million for the same period last year.

Related Reading

MDS plans restructuring, July 18, 2008

MDS sues AECL for $1.6 billion over Maple reactors, July 9, 2008

MDS to press AECL on Chalk River reactors, June 6, 2008

MDS rallies in Q2 results, June 5, 2008

SNM explores feasibility of U.S. medical isotope source, May 22, 2008

Copyright © 2008 AuntMinnie.com

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