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Fuzeon maker reports strong Q4 and year-end results

Published in Hepatitis Weekly, September 6th, 2004

Chronimed, Inc., (CHMD) reported record revenue and earnings for the fourth quarter and year ended July 2, 2004.

Total reported company revenue for the 14-week quarter ending July 2, 2004 was a record $157.7 million, up $42.3 million or 37% from $115.4 million in the prior year's 13-week fourth quarter.

Operating income as reported was a record $3.2 million for the quarter, up 48% from last year's fourth quarter. Net income as reported was a record $2.0 million, or $0.16 per share, compared to $1.4 million or $0.11 per share in last year's fourth quarter.

Henry F. Blissenbach, Chronimed's chairman and CEO, commented, "We are quite...

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