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Article: MEDICAL GRAPHICS ANNOUNCES NEW DISPOSABLE PRODUCT LINE ACCOUNTS FOR OVER 40 PERCENT OF WORLDWIDE SALES IN FIRST QUARTER
- Article from:
- PR Newswire
- Article date:
- April 24, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MEDICAL GRAPHICS ANNOUNCES NEW DISPOSABLE PRODUCT LINE ACCOUNTS
FOR OVER 40 PERCENT OF WORLDWIDE SALES IN FIRST QUARTER
St. Paul, Minn., April 24 /PRNewswire/ -- Medical Graphics Corporation (NASDAQ: MGCC) announced today that sales for the quarter ended March 31, 1992, increased 17 percent over the prior year's first quarter, $3.82 million compared to $3.26 million, with over 40 percent of this year's sales coming from the company's new product line. Net income for the quarter was $93,178, or $.04 per share, compared to $113,393, or $.06 per share, reported in the first quarter of 1991.
Commencing in late 1991, the company introduced its new disposable ...