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Women's Health Weekly

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Business & Finance



Acute care company reports first quarter 2005 financial results



June 23rd, 2005

MIinrad International, Inc. (MNRD.OB) announced its financial results for the quarter ended March 31, 2005.

The company generated revenue of $2,429,000 compared to revenue of $878,000 in the same period in 2004, a 177% increase. This reflected revenue growth in both the North American and international markets.

North American sales were $814,000, a $633,000 increase, 350%, versus the $181,000 in the first quarter of 2004. International revenue grew to $1,614,000. In the same quarter in 2004, revenues were $697,000. The $917,000 improvement represents a 132% increase.

For the quarter, the company experienced a loss of $895,000, or...


Source: Women's Health Weekly (2005-06-23)

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