E-Z-EM revenue, earnings slip

Contrast agent developer E-Z-EM reported revenues of $26.3 million in its 2001 fiscal second quarter, down 6.1% compared with the $28 million posted in its 2000 fiscal second quarter. For the period (end-December 2), the Westbury, NY-based vendor had net earnings of $861,000, compared with net earnings of $1.8 million last year. Results from the company’s diagnostic segment were adversely impacted by soft demand, both in the U.S. and internationally, according to president and CEO Anthony Lombardo.

By AuntMinnie.com staff writers
January 17, 2001

Related Reading

E-Z-EM inks European deal with Nycomed-Amersham, December 18, 2000

E-Z-EM reports flat Q1, October 13, 2000

E-Z-EM turns in record net sales in fiscal 2000, August 7, 2000

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