Del Medical Systems Group reported fiscal 2006 second-quarter net sales of $19 million million, a slump compared with the $22.9 million reported a year ago. Prior year sales reflected international shipments of $4.4 million with no such activity in the pipeline for the current period, Del said.
For the quarter (end-January 28), the Valhalla, NY-based firm had operating income of $1.3 million, down more than 100% compared with operating income of $2.9 million last year. Del attributed the drop to lower overall sales and an income tax provision for the pretax income generated by its Italian subsidiary, Villa Sistemi Medicali.
By AuntMinnie.com staff writers
March 15, 2006
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