TRCR 2.6
Wednesday October 18, 4:00 pm ET
ATLANTA--(BUSINESS WIRE)--TRANSCEND SERVICES, INC. today announced its results for the quarter and nine months ended September 30, 2006. For the quarter ended September 30, 2006, Transcend reported revenue of $7,957,000, which represents a 20% increase over the third quarter of 2005. Gross profit as a percentage of revenue increased to 23% from 17%. Net income for the third quarter of 2006 was $320,000, or $0.04 per fully diluted share, compared to a net loss of $518,000, or $0.07 per share, for the third quarter of 2005. biz.yahoo.com
Transcend Services, Inc. provides medical transcription services to the healthcare industry in the United States. The company’s transcription services include receiving, typing or editing, formatting, and distributing electronic copies of physician dictated medical documents. It converts physicians’ voice recordings into electronic medical record documents using Web-based voice, speech recognition, typing, editing, formatting tools, and data distribution technology. |
