Diagnostic imaging center operator Radiologix reported higher revenues in the company's fiscal third quarter (end-September 30).
Service-fee revenues advanced to $63.6 million, compared with $62.2 million in the third quarter of 2005. The Dallas-based company's net loss increased to $714,000, compared with a net loss of $365,000 in the same quarter last year.
For the nine-month period, service-fee revenues increased to $193.9 million, compared with $188.3 million in the same period of 2005. Net income slipped to $1.5 million, compared with $1.8 million in the same period a year ago.
Radiologix also noted in its third-quarter report that the proposed merger with Primedex Health Systems could be completed by November 15. The new entity will own and operate 131 fixed-site imaging centers in the U.S.
By AuntMinnie.com staff writers
November 9, 2006
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Imaging services firm Primedex to buy Radiologix, July 7, 2006
Radiologix grows sales, profit, May 4, 2006
Radiologix sees revenue gain, loss reduction in Q4, March 9, 2006
Radiologix issues Medicare cut revenue reduction update, February 9, 2006
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