Mobile P.E.T. revenue surges in Q4, 2001

PET services provider Mobile P.E.T. Systems reported preliminary fiscal fourth quarter revenues of $2.9 million, compared with $499,000 in the same period last year. For the quarter (end-June 30), the San Diego-based firm had a net loss of $2.4 million, compared with a net loss of $3.5 million for the 2000 fourth quarter.

For the fiscal year, the vendor had preliminary gross revenues of approximately $7.2 million, compared with $1.1 million last year. The company had a net loss of $9.3 million, compared with a net loss of $7.8 million in 2000.

By AuntMinnie.com staff writers
August 15, 2001

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