Printer Friendly

DIMENSIONAL MEDICINE REPORTS FOURTH QUARTER AND YEAR-END RESULTS

 MINNEAPOLIS, July 23 /PRNewswire/ -- Dimensional Medicine, Inc. (DMI), a Minneapolis-based developer and marketer of radiology-related systems, reported operating revenues for the fourth quarter ended March 31, 1993, of $1,780,336, compared to revenues of $1,720,294 for the prior year's fourth quarter. The net income of $268,400, or $.07 per share, for the quarter compares with a net loss of $316,760, or $.08 per share for the prior year. The 1992 amounts include $343,888 of costs incurred in litigation settlement commenced in 1990.
 For the 12 months ended March 31, 1993, DMI reported operating revenue of $5,250,788 and a net loss of $134,009, or $.04 per share. This compares with operating revenues of $6,126,802, and a net loss of $446,830, or $.12 per share for the 12 months ended March 31, 1992.
 DIMENSIONAL MEDICINE, INC.
 RESULTS OF OPERATIONS
 Three Months Ended Year Ended
 3/31/93 3/31/92 3/31/93 3/31/92
 Operating revenues $1,780,336 $1,720,294 $5,250,788 $6,126,802
 Operating costs &
 expenses 1,498,279 1,691,199 5,327,183 6,214,823
 Operating income (loss) 282,057 29,095 (76,395) (88,021)
 Other expense -- net(a) 13,657 345,855 57,614 358,809
 Net income (loss) $268,400 $(316,760) $(134,009) $(446,830)
 Net income (loss) per share $.07 $(.08) $(.04) $(.12)
 Weighted average number of
 shares outstanding 3,673,346 3,673,346 3,673,346 3,673,346
 (a) The 1992 amounts include the $343,888 of costs incurred in litigation settlement commenced in 1990.
 Dimensional Medicine, Inc., designs, develops and markets computerized peripheral equipment and systems to the radiology medical market. The company is headquartered in Minnetonka, Minn.
 -0- 7/23/93
 /CONTACT: Richard G. May of Dimensional Medicine, 612-938-8280/


CO: Dimensional Medicine, Inc. ST: Minnesota IN: MTC SU: ERN

KH -- MN020 -- 5340 07/23/93 17:27 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 23, 1993
Words:328
Previous Article:EVEREST MEDICAL ANNOUNCES SECOND QUARTER RESULTS
Next Article:REVELL-MONOGRAM, INC. REPORTS SECOND QUARTER RESULTS
Topics:


Related Articles
DIMENSIONAL MEDICINE REPORTS SIGNIFICANT IMPROVEMENT AND CONTINUED PROFITABILITY IN THIRD QUARTER RESULTS
DIMENSIONAL MEDICINE REPORTS FOURTH QUARTER AND YEAR-END RESULTS
DIMENSIONAL MEDICINE REPORTS FIRST QUARTER RESULTS
DIMENSIONAL MEDICINE REPORTS THIRD QUARTER RESULTS
DIMENSIONAL MEDICINE REPORTS FOURTH QUARTER AND YEAR-END RESULTS
DIMENSIONAL MEDICINE REPORTS FIRST QUARTER RESULTS
DIMENSIONAL MEDICINE REPORTS THIRD QUARTER RESULTS
DIMENSIONAL MEDICINE REPORTS FOURTH QUARTER AND YEAR-END RESULTS
DIMENSIONAL MEDICINE REPORTS FIRST QUARTER RESULTS
DIMENSIONAL MEDICINE REPORTS EXPECTED FOURTH QUARTER AND YEAR-END RESULTS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters