Imaging center chain Miracor Diagnostics reported first-quarter 2003 revenue of $4.3 million, up 85% compared with the $2.7 million posted for the same period in 2002. For the quarter (end-March 31), the San Diego-based firm had a net loss of $472,000, compared with net income of $128,000 in 2002.
Miracor CEO Lee Hulsebus said that the firm anticipated a drop-off in earnings due to costs associated with adding five new centers in December 2002. However, the new centers, coupled with decreased scan volume in the company’s preexisting centers, exacerbated the company’s net loss, Hulsebus said.
By AuntMinnie.com staff writersMay 14, 2003
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Miracor posts 2002 revenue gains, slight dip in income, March 19, 2003
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Miracor turns in Q3 gains, November 12, 2002
Miracor posts revenue, income gains in Q2, August 13, 2002
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