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Biotech / Medical : Diagnostic Health Service (DHSM)

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To: James W. Bradsh who wrote (100)5/7/1998 9:58:00 PM
From: BARRY ALLEN  Read Replies (1) of 142
 
Thursday May 7, 9:06 pm Eastern Time

Company Press Release
Diagnostic Health Services Announces First Quarter Results

DALLAS, TX--(BUSINESS WIRE)--May 7, 1998--Diagnostic Health Services, Inc. (''DHS'') NASDAQ National Market: DHSM (common stock) today announced first quarter results for 1998. (See attached table)

Revenues for the quarter rose 37% to $14.4 million from $10.5 million in the first quarter of 1997. Net income for the quarter increased 44% to $1.469 million from $1.021 million in the prior year. Earnings per diluted share improved 20% from $.10 to $.12. Earnings per diluted share were calculated on the basis of a 25% increase in weighted average common shares outstanding as compared to the same quarter in 1997.
biz.yahoo.com
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