ZEVEX International Inc. Announces Earnings Per Share Of $0.07 On Revenue Growth Of 28% For Third Quarter 2006; CEO Raises Revenue Guidance For 2006
Published: Nov 01, 2006
ZEVEX International Inc. (NASDAQ: ZVXI) reported financial results for the three- and nine-month periods ended September 30, 2006. Revenue for the third quarter of 2006 increased by 28% to $10.4 million, compared to revenue of $8.1 million for the third quarter of 2005. Net income for the third quarter of 2006 was $419,000, or $0.07 per share, compared to $785,000, or $0.15 per share, for the third quarter of 2005. Operating income decreased to $706,000, or 7% of revenue, in the third quarter of 2006, compared to $805,000, or 10% of revenue, for the third quarter of 2005.