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Article: Zoll Medical announces record quarterly revenues.
- Article from:
- Business Wire
- Article date:
- July 23, 1996
CopyrightCOPYRIGHT 1996 Business Wire. 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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BURLINGTON, Mass.--(BUSINESS WIRE)--July 23, 1996--ZOLL Medical Corp. (NASDAQ/NMS: ZOLL) today reported record quarterly revenues. Sales for the third quarter ended June 29, 1996 were $13,971,000, an increase of 29 percent over the third quarter of 1995. Net income was $931,000 or $.15 per share, compared to a loss of $230,000 or $.04 per share for the third quarter of 1995. Income from operations increased to $1,396,000 from a loss of $434,000 in the third quarter of 1995. Gross margin was 56 percent compared to 55 percent in the third quarter of 1995.
All segments of ZOLL's business grew in comparison to the prior year led by strong growth in international and ...