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American Medical Alert Corporation
American Medical Alert Corporation Reports Year End 2007 Results
April 11th, 2008
American Medical Alert Corp. (NASDAQ: AMAC) a provider of healthcare communication services and advanced telehealth monitoring technologies, announced operating results for the quarter and year ended December 31, 2007. Revenues for the quarter ended December 31, 2007, consisting primarily of monthly recurring revenues (MRR), increased 15% to $9,271,953 as compared to $8,063,200 for the same period in 2006. Net income for the quarter ended December 31, 2007 decreased 31% to $317,335 or $.03 per diluted share as compared to $458,565 or $.05 per diluted share for the same period in 2006. The decrease is primarily the result of initial costs associated with the implementing...
Source: Health Business Week (2008-04-11)
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