Imaging services provider Radiologix reported third-quarter revenue of $64.4 million, down 7.6% from the $69.6 million posted in the third quarter a year ago. For the period (end-September 30), the Dallas-based firm had a net loss of $646,000, compared with net income of $3.2 million for the same period a year ago.
Radiologix said its business in the third quarter was impacted by lower volume related to continued competitive pressures in key markets; Hurricane Isabel, which disrupted its mid-Atlantic operations by closing some of its imaging centers for up to three days; and seasonal fluctuations that generally makes the third quarter the firm’s weakest period.
By AuntMinnie.com staff writersNovember 6, 2003
Related Reading
Radiologix sales, revenue down in Q2, August 7, 2003
S&S inks Radiologix deal, June 2, 2003
Radiologix posts loss in Q1, May 7, 2003
Radiologix shows uptick in 2002, March 13, 2003
Radiologix hires new chief executive, February 7, 2003
Copyright © 2003 AuntMinnie.com
