News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Theragenics® Q1 Profit Spikes 104%



5/10/2012 8:15:54 AM

Atlanta Business Chronicle by Jacques Couret, Senior Online Editor

The Buford, Ga.-based surgical products and cancer treatments company was unencumbered by charges in the first quarter of 2012 and its profit more than doubled.

Revenue: $21.6 million, up 7 percent

Net Income: $934,000, up 104 percent

Earnings Per Share: 3 cents, up 200 percent

M. Christine Jacobs, Theragenics chairman and CEO:

“In the first quarter we delivered revenue growth in both business segments and net earnings more than doubled. Cash flow from operations was strong and our balance sheet remains solid. To be sure, headwinds remain: macroeconomic uncertainties, unpredictable customer behavior, the looming medical device tax and CMS reimbursement policies, to name a few. Yet our prospects are brighter than last year.”




comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES