Imaging services provider Radiologix posted strong first-quarter 2002 financial results, including service fee revenues of $72.7 million for the period (end March 31), up from $65.9 million during the same quarter last year. The Dallas firm also reported net income of $4.4 million for Q1, a 26% increase from the $3.5 million reported during the first quarter of 2001.
Chairman and CEO Mark Wagar said the results showed a strong start for 2002, with healthy same-store growth, good cash and days-sales-outstanding performance, and margin expansion. Radiologix operates 118 imaging centers located in 18 states in the U.S.
By AuntMinnie.com staff writersMay 1, 2002
Related Reading
Radiologix reports record Q4, February 14, 2002
Radiologix reports revenue increase, but takes $1 million hit, November 2, 2001
Radiologix, SKM merger collapses, April 26, 2001
Radiologix posts year-end results, April 3, 2001
Copyright © 2002 AuntMinnie.com
