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Daxor Corporation announces financial highlights.


NEW YORK--(BUSINESS WIRE)--May 17, 1996--

Daxor Corporation

Financial Highlights

Three Months Ended March 31

March 1996 March 1995

Total revenue $635,996 $1,246,502

Net income before income taxes (98,484) $ 619,699

Provision for income taxes 13,311 49,717

Net income $(111,795) $ 569,982

Weighted average number of shares outstanding 4,736,042 5,067,297

Net income per share $(0.02) $ 0.11 -0-

The total revenues have decreased because of the partial closure of Daxor's facilities since August 21, 1995. On May 17, 1996 the five judge panel of the NYS 1. Is not. See Nis.  Appellate Court A court having jurisdiction to review decisions of a trial-level or other lower court.

An unsuccessful party in a lawsuit must file an appeal with an appellate court in order to have the decision reviewed.
 in a unanimous 5 - 0 decision against the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State Department of Health issued an injunction against the NYSDOH NYSDOH New York State Department of Health  and ordered the reopening of all of Idan's facilities including its blood, semen and tissue banks. We expect revenues to increase as Daxor's full services are phased in.

CONTACT: Joseph Feldschuh, M.D., President/CEO

Angela Ramirez, Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 

212/244-0555
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 17, 1996
Words:162
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