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North American Scientific, Inc.

Medical technology company reports record third quarter net sales

Published in Law and Health Weekly, October 23rd, 2004

North American Scientific, Inc., (Nasdaq: NASI) announced financial results for its third quarter ended July 31, 2004.

For the third quarter ended July 31, 2004, the company reported record net sales of approximately $8.1 million, as compared with net sales of $3.0 million for the third quarter of 2003. Management attributed the increase in sales primarily to the consolidation of the NOMOS acquisition, which was completed on May 4, 2004. Net sales by operating segment in the third quarter of 2004 included $3.1 million of radiation sources (brachytherapy and other radioisotope-based products), which increased 3% over the corresponding period last year, and $5.0 million...

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