NightHawk Radiology Holdings, the parent company of NightHawk Radiology Services, reported record second-quarter revenues of $22.9 million, up 49% compared with the $15.3 million booked in the second quarter of 2005.
For the period (end-June 30), the Coeur d'Alene, ID-based teleradiology services provider had a generally accepted accounting principles (GAAP) net income of $5 million, compared with a GAAP net loss of $8.8 million a year ago (including a $10 million noncash charge).
The company is raising its annual guidance for revenues and adjusted earnings per share. NightHawk now estimates its annual services revenue to be in the range of $89 million to $91 million, up from previous estimates of $87 million to $89 million. Adjusted earnings per diluted share is expected to range from 61¢ to 64¢ per share, up from 53¢ to 56¢ diluted adjusted earnings per share.
By AuntMinnie.com staff writers
July 26, 2006
Related Reading
NightHawk revenues boom in Q1, May 5, 2006
NightHawk Radiology shows revenue uptick in 2005, March 9, 2006
NightHawk Radiology prices IPO, February 9, 2006
NightHawk Radiology buys telerad firm, October 31, 2005
NightHawk readies IPO, October 6, 2005
Copyright © 2006 AuntMinnie.com
