Molecular Imaging revenues, profits up

PET services provider Molecular Imaging reported fiscal first-quarter revenues of $5.6 million, up 23.5% compared with the $4.5 million turned in last year.

For the quarter (end-September 30), the San Diego-based firm had gross profit of $2.2 million, compared with gross profit of $1.5 million in the 2003 fiscal first quarter. President Paul Crowe said the firm plans to add additional independent diagnostic testing facilities as well as additional mobile units during its fiscal year.

By AuntMinnie.com staff writers
November 17, 2003

Related Reading

Molecular Imaging, Siemens form alliance, October 9, 2003

Molecular Imaging shows Q1 revenue surge, October 2, 2003

Molecular Imaging shows profitable year, September 30, 2003

Molecular Imaging PET/CT service underway, September 10, 2003

Molecular Imaging notches 2003 revenue uptick, August 26, 2003

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