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Article: AmeriPath Reports Third Quarter 1997 Results; Its First Quarterly Results as a Public Company
- Article from:
- PR Newswire
- Article date:
- November 6, 1997
CopyrightCOPYRIGHT 1997 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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RIVIERA BEACH, Fla., Nov. 6 /PRNewswire/ -- AmeriPath, Inc. (Nasdaq: PATH), a physician practice management company focused on anatomic pathology services, today reported results for the third quarter and nine months ended September 30, 1997.
Income from operations for the third quarter was $5.6 million, compared to $1.8 million for the same period of the prior year, a 211% increase. Net revenue for the quarter was $27.8 million, up 148% from the $11.2 million for the comparable period in 1996. Net income was $1.7 million, or $0.13 per share, for the quarter, compared to $635,000, or $0.07 per share, for the same period last year.
Income from ...