Business & Finance

Arcadia Resources reports record revenues for the second quarter of fiscal 2007

Published in Health and Medicine Week, December 11th, 2006

Arcadia Resources, Inc. (KAD) announced its financial results for its second fiscal quarter ended September 30, 2006 with record revenues of $41.4 million and a net loss of $736,000, compared to revenues of $32.7 million and a net loss of $1.5 million for the same period of the prior year.

For the quarters ended September 30, 2006 and 2005, the company reported net losses per share of $0.01 and $0.02, respectively. John E. Elliott II, chairman and CEO of Arcadia Resources, Inc., said, "We are pleased with our results for the quarter and the strides we have made toward achieving profitability and further defining our business offerings."

Revenues for...

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Source: Health and Medicine Week (2006-12-11)

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