Imaging center chain U.S. Diagnostic reported a second-quarter loss from continuing operations (before extraordinary item) of $3.7 million, compared with a loss of $3.3 million in the second quarter (end-June 30) last year.
USDL had income from discontinued operations (including all of its imaging center assets) for the period of $3.9 million, and also had a net gain on disposition of discontinued operations of $4.3 million, net of income taxes. In the second quarter of 1999, USDL had income from discontinued operations for the three months of $1.1 million.
USDL continues to move closer to divestiture of its imaging center assets. The West Palm Beach, FL-based vendor indicated that it expects to substantially complete sales of its imaging centers by March 31, 2001.
By AuntMinnie.com staff writers
August 21, 2000
Related Reading
CMI to buy 14 USDL imaging centers, August 7, 2000
USDL announces approval of restructuring plan, July 24, 2000
USDL puts itself up for sale, May 10, 2000
USDL results sag in 1999, March 27, 2000
Copyright © 2000 AuntMinnie.com
