Atrium Innovations INC.
Atrium Continues its Growth with a 5% Increase in Net Earnings for the Second Quarter of 2007
Published in Healthcare Finance, Tax and Law Weekly, August 22nd, 2007
Atrium Innovations Inc. (TSX: ATB) announced that it had revenues of US$76.4 million for the second quarter ended June 30, 2007, up 2.9% from US$74.3 million for the corresponding quarter in 2006. Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2007 were US$12.7 million, up 8.6% from US$11.7 million for the same period in 2006. Net earnings increased 4.9% to US$6.6 million for the quarter ended June 30, 2007, compared to US$6.3 million for the same period last year. Fully diluted earnings per share for the second quarter of 2007 were up 5.3% to US$0.20 per share compared to US$0.19 per share for the same period of 2006.
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