E-Z-EM earnings slip in Q4, 2001

Aug 12, 2001

Contrast agent firm E-Z-EM reported fourth-quarter net sales of $31.1 million, down slightly from the $31.6 million posted in the same period last year. For the quarter (end-June 2), the Westbury, NY-based firm had net earnings of $477,000, down from net earnings of $1.8 million in the fourth quarter of 2000.

Fourth-quarter earnings were impacted by lower sales, a $566,000 impairment charge related to the firm's investment in Cedara Software, and charges totaling $349,000 for relocation of its U.K. subsidiary and related severance expenses, according to E-Z-EM.

For the fiscal year, E-Z-EM had net sales of $113.3 million, down from net sales of $113.9 million in 2000. The vendor had net earnings of $3.3 million, down from $6 million last year.

By AuntMinnie.com staff writers
August 13, 2001
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$35-year-old transgender woman presents with (A) a 3D CT reformation of the face in the sagittal plane showing a left mandibular fracture (arrow). (B) An axial head CT image from one of three head CT studies over the last two years reveals right periorbital soft tissue swelling (arrow). The radiologist reader suspected intimate partner violence based on radiology reports, which was subsequently confirmed through clinical note examination. Image courtesy of the RSNA.$