Radiologix Q3 continues downturn

Imaging services provider Radiologix reported third-quarter revenue of $64.4 million, down 7.6% from the $69.6 million posted in the third quarter a year ago. For the period (end-September 30), the Dallas-based firm had a net loss of $646,000, compared with net income of $3.2 million for the same period a year ago.

Radiologix said its business in the third quarter was impacted by lower volume related to continued competitive pressures in key markets; Hurricane Isabel, which disrupted its mid-Atlantic operations by closing some of its imaging centers for up to three days; and seasonal fluctuations that generally makes the third quarter the firm’s weakest period.

By AuntMinnie.com staff writers
November 6, 2003

Related Reading

Radiologix sales, revenue down in Q2, August 7, 2003

S&S inks Radiologix deal, June 2, 2003

Radiologix posts loss in Q1, May 7, 2003

Radiologix shows uptick in 2002, March 13, 2003

Radiologix hires new chief executive, February 7, 2003

Copyright © 2003 AuntMinnie.com

Page 1 of 1168
Next Page