Ballard Medical reports record first quarter sales and earnings.DRAPER drap·er n. Chiefly British A dealer in cloth or clothing and dry goods. [Middle English, weaver or seller of cloth, from Old French drapier, from drap, cloth; see , Utah--(BUSINESS WIRE)--Jan. 16, 1996--Ballard Medical Products (NYSE NYSE See: New York Stock Exchange :BMP (1) (BitMaP) Also known as a "bump" file, it is the native, bitmapped graphics format in Windows. A BMP can be saved in several color options: 1-, 4-, 8- and 24-bit color provide 2, 16, 256 and 16,000,000 colors respectively. BMP files use the .BMP or . ) Tuesday reported record sales and earnings for the first quarter of fiscal year 1996 ended Dec. 31, 1995. Sales for the quarter were $23,142,000, compared to $18,510,229 for the first quarter of fiscal year 1995, an increase of 25 percent. The company's net income for the quarter also increased by 25 percent, from $5,710,000 (20 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. ) for the quarter ended Dec. 31, 1995, to $4,566,464 (16.7 cents per share) for the first quarter of last fiscal year. Sales of core products continue to grow at an exciting rate. Based upon first quarter results, the company anticipates that fiscal year 1996 will be another record-breaking year. The above figures reflect the consolidation of Ballard Medical Products and its subsidiaries. CONTACT: Ballard Medical Products, Draper Dale H. Ballard or Kenneth R. Sorenson, 801/572-6800 Fax: 801/572-6869 |
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