Increased sales within its Medical Systems Group buoyed Del Global Technologies to higher financial ground in the Franklin Park, IL, company's first quarter of fiscal 2008.
For the period (end-October 27), consolidated net sales rose 38% to $26.7 million, compared with $19.3 million in the first quarter of fiscal 2007. Net sales in the company's Medical Systems Group advanced 45% to $24.1 million, due to increased international sales and equipment sales to the dental market.
Net income in the first quarter totaled $1.1 million, compared with a net loss of $487,000 in the same quarter a year ago.
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