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Article: AmeriPath, Inc. Announces 1998 Fourth Quarter and Year End Results - Quarterly Net Revenue and Net Income Up 46% and 61%, Respectively -.
- Article from:
- PR Newswire
- Article date:
- February 23, 1999
CopyrightCOPYRIGHT 1999 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., Feb. 23 /PRNewswire/ -- AmeriPath, Inc. (Nasdaq: PATH), a physician practice management company focused on anatomic pathology services, today reported its results for the quarter and year ended December 31, 1998.
Net revenue for the quarter ended December 31, 1998 was $51.5 million, compared to $35.3 million for the fourth quarter of the prior year, an increase of 46%. Same practice net revenue for the fourth quarter of 1998 increased by $3.1 million or 9% over the fourth quarter of the prior year. The remaining increase in net revenue of $13.1 million resulted from the operations of practices that were acquired during the fourth quarter of ...
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