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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: Arthur Radley who started this subject10/25/2001 9:16:09 AM
From: D.Austin  Read Replies (1) of 3414
 
a penny ahead -- Including charges related to legal fees and adjustments for anticipated DMERC administrative overpayments,
Polymedica (PLMD: news, chart, profile) reported second-quarter earnings before items $9.6 million, or 74 cents a share, a penny ahead of the average estimate of analysts polled by Thomson Financial/First Call. Revenue surged 27 percent in the latest three months to $68.9 million from $54.2 million in the same period a year earlier. Including charges related to legal fees and adjustments for anticipated DMERC administrative overpayments, the Woburn, Mass., medical products and services firm said reported earnings of $4.7 million, or 36 cents a share, in the quarter.

A great franchise
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