Imaging services provider InSight Health Services parent Insight Health Services Holdings announced fourth-quarter and fiscal-year (end-June 30) results.
The Lake Forest, CA-based company saw its revenues decrease 6.3% from $306.3 million in fiscal 2006 to $286.9 million for fiscal 2007. For the final quarter of the year, revenues decreased 5.6%, from $75.4 million to $71.2 million.
InSight said that while conditions in the imaging services industry remain "challenging," the company believes that the completion of its debt reorganization will improve its cash flow and ability to compete.
By AuntMinnie.com staff writers
September 27, 2007
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InSight files for Chapter 11, May 30, 2007
InSight Health seeks to reduce debt, February 15, 2007
DRA charge adds to red ink at InSight Health, September 29, 2006
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