NightHawk reports flat Q3 revenues

Teleradiology services provider NightHawk Radiology of Coeur D'Alene, ID, has reported flat revenue for the company's third quarter (end-September 30), as net income fell.

For the quarter, NightHawk posted revenues of $43.4 million, unchanged from the number recorded in the corresponding quarter of 2008. The company had net income for the most recent period of $1.7 million, compared with net income of $3.3 million in the same period the year before.

The firm said that its third-quarter results were driven by record scan volume of 865,000 scans. The number of final reads performed by NightHawk radiologists increased 40% from the same quarter a year ago, as final scan volumes increased 56%.

Related Reading

NightHawk to buy Berger shares, August 14, 2009

NightHawk posts Q2 revenue growth, August 6, 2009

Berger leaves NightHawk, June 15, 2009

NightHawk numbers slip in Q1, May 4, 2009

NightHawk expands into Canada, December 9, 2008

Copyright © 2009 AuntMinnie.com

Page 1 of 775
Next Page