CTH Announces Profitable Results for the Third Quarter of Fiscal 1995.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--April 19, 1995--Cancer Treatment Holdings, Inc. (AMX/ECM:CTH CTH Commonwealth CTH Chalmers Tekniska Högskola (Chalmers University of Technology, Göteborg, Sweden) CTH Contract to Hire CTH Cardiothoracic CTH Cystathionase CTH Confederación de Trabajadores de Honduras .EC) Wednesday Wednesday: see week. announced financial results for the third quarter ended February February: see month. 28, 1995. Revenues increased to $2,694,000 during the third quarter, up 30 percent from $2,076,000 for the same period in fiscal 1994. The Company reported net income of $101,000, or $.03 per share, for the third quarter as compared to a net income of $86,000, or $.03 per share, for the same quarter last year. For the nine months ended February 28, 1995, revenues increased to $8,150,000, a 56% increase over revenues of $5,229,000 for the corresponding nine-month period last year. Net income was $623,000 or $.18 per share for the nine months ended February 28, 1995, as compared to a net loss of $165,000 or $.05 per share for the same period last year. Net income for the nine months ended February 28, 1995, includes a non-recurring gain on the sale of assets of $244,000 or $.07 per share. The net loss for the nine-month period ended February 28, 1994, includes a non-recurring loss on the disposal of a business of $162,000 or $.05 per share. Cancer Treatment Holdings, Inc., is engaged in the ambulatory Movable; revocable; subject to change; capable of alteration. An ambulatory court was the former name of the Court of King's Bench in England. It would convene wherever the king who presided over it could be found, moving its location as the king moved. treatment of cancer using a variety of modalities Modalities The factors and circumstances that cause a patient's symptoms to improve or worsen, including weather, time of day, effects of food, and similar factors. including radiation therapy, home infusion INFUSION, med. jur. A pharmaceutical operation, which consists in pouring a hot or cold fluid upon a substance, whose medical properties it is desired to extract. Infusion is also used for the product of this operation. Although infusion differs from decoction, (q.v. and home health care. -0-
The following table summarizes selected financial operating data
of the Company:
Three months ended Nine months ended
February 28, February 28,
Operating Data 1995 1994 1995 1994
Revenues $2,694,293 $2,075,597 $8,149,518 $5,229,317 Operating expenses $2,597,597 $1,895,778 $7,512,234 $5,221,959 Income (loss) before gain on sale, loss on settlement and income taxes $ 135,649 $ 132,780 $ 544,962 $ (5,872) Gain on sale -- -- $ 349,206 -- Income (loss) before loss on settlement and income taxes $ 135,649 $ 132,780 $ 894,168 $ (5,872) Loss on settlement -- -- -- $(248,468) Income (loss) before income taxes $ 135,649 $ 132,780 $ 894,168 $(254,340) Net Income (loss) $ 100,649 $ 86,307 $ 623,168 $(165,321) Earnings (loss) per share $ .03 $ .03 $ .18 $ (.05) CONTACT: Cancer Treatment Holdings, Inc., Fort Lauderdale Louis Louis, titular duke of Burgundy Louis, 1682–1712, titular duke of Burgundy; grandson of King Louis XIV of France. He became heir to the throne on the death (1711) of his father, Louis the Great Dauphin. W. Boisvert, III, 305/321-9555 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion