InSight posts decreases for Q4 2007

Imaging services provider InSight Health Services parent Insight Health Services Holdings announced fourth-quarter and fiscal-year (end-June 30) results.

The Lake Forest, CA-based company saw its revenues decrease 6.3% from $306.3 million in fiscal 2006 to $286.9 million for fiscal 2007. For the final quarter of the year, revenues decreased 5.6%, from $75.4 million to $71.2 million.

InSight said that while conditions in the imaging services industry remain "challenging," the company believes that the completion of its debt reorganization will improve its cash flow and ability to compete.

By AuntMinnie.com staff writers
September 27, 2007

Related Reading

InSight emerges from Chapter 11, August 2, 2007

Court OKs InSight recovery plan, July 11, 2007

InSight files for Chapter 11, May 30, 2007

InSight Health seeks to reduce debt, February 15, 2007

DRA charge adds to red ink at InSight Health, September 29, 2006

Copyright © 2007 AuntMinnie.com

Page 1 of 1169
Next Page