MRI components provider Intermagnetics General reported net income of $4.3 million in its fiscal third quarter of 2004, compared with $4.2 million in net income in the same period last year.
For the quarter (end-February 22), the Latham, NY-based vendor had net sales of $43.1 million, a 14% increase compared with $37.8 million reported the prior year. The company’s acquisition of patient-monitoring provider Invivo of Orlando, FL, with four weeks of contributions to results during the quarter, accounted for $4.7 million in revenue, according to the company.
By AuntMinnie.com staff writers
March 18, 2004
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Intermagnetics Q1 shows uptick, September 19, 2002
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