CTI Molecular Imaging, Inc.
Imaging company reports 50% increase in revenue
Published in Telemedicine Business Week, March 2nd, 2005
Net revenues for the first quarter were $111.5 million, a 50% increase over net revenues of $74.1 million for the same period last year. Net income was $4.0 million, or $0.08 per share on a fully diluted basis, compared to $0.7 million, or $0.02 per share on a fully diluted basis, in the prior fiscal year's first quarter.
Backlog at December 31, 2004, totaled $164 million, an increase of $25 million from $139 million at September 30,...
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