X-ray firm AFP Imaging managed to cut its net loss in the fiscal third quarter despite a 12.5% decline in revenue. For the period (end-March 31, 2000), the Elmsford, NY-based firm had revenues of $5.9 million, compared with $6.7 million posted for the same period last year. AFP had a net loss of $290,000, down significantly from a $1.2 million net loss reported in 1999. While revenue came in below expectations, expenses were also reduced in the quarter, according to the company.
By AuntMinnie.com staff writersMay 22, 2000
Copyright © 2000 AuntMinnie.com
