US Oncology grows revenues in Q3

AuntMinnie.com staff writers
Nov 1, 2005

Radiation therapy center operator US Oncology of Houston posted revenues of $648.3 million in the third quarter (end-September 30), up 10% compared with $588.7 million in the third quarter of 2004. The medical oncology services company also reported net income of $6.9 million, compared with a net loss of $13.6 million in the same quarter a year ago.

For the nine-month period, revenues were $1.8 billion, compared with $1.7 billion in the same period of 2004. Net income slipped to $14.6 million, down from $31 million in the same period a year ago.

In the first nine months of this year, US Oncology opened five cancer centers and installed four PET/CT systems, bringing the company's total number of integrated cancer centers to 84. The company also operates 30 PET systems and eight PET/CT units.

By AuntMinnie.com staff writers
November 2, 2005

Related Reading

US Oncology expects positive Q3, October 26, 2005

US Oncology names Broussard as president, October 21, 2005

Kodak inks US Oncology deal, October 13, 2005

US Oncology completes buyout, August 23, 2004

US Oncology shows strong Q1, April 30, 2004

Copyright © 2005 AuntMinnie.com

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