E-Z-EM continues strong growth in 2004 Q2

E-Z-EM reported fiscal 2004 second-quarter sales of $36.9 million, up 12% compared with the $32.9 million posted in its 2003 fiscal second quarter.

For the period (end-November 30), the Westbury, NY-based firm had net earnings of $1.8 million, up 79% compared with a net earnings of $988,000 in the same period last year.

The imaging developer attributed the improved results to increased sales of its core radiology imaging products for the CT market, and to the continued performance of its AngioDynamics subsidiary in the interventional radiology sector.

For the first two quarters of fiscal 2004, E-Z-EM has reported net earnings of $1.5 million on net sales of $70 million, compared with net earnings of $247,000 on net sales of $63.2 million for the same period last year.

By AuntMinnie.com staff writers
January 9, 2004

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