SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TokyoMex who wrote (17390)5/13/1998 2:13:00 PM
From: PitBull  Read Replies (1) of 34592
 
Wednesday May 13, 1:48 pm Eastern Time

Company Press Release

PolyMedica Reports Fiscal 1998 Net Revenue Increase of 142% to $73.8
Million, Up From $30.5 Million

Company Expects Net Income Growth in Fiscal 1999 of 25-30%

WOBURN, Mass.--(BW HealthWire)--May 13, 1998-- PolyMedica Corporation (AMEX:PM - news) today reported net
income of $7.6 million in the fiscal year ended March 31, 1998, or $0.79 per common share. This performance, which
includes a $2.7 million after-tax gain on the sale of the wound care business, compares with net income of $2.3 million, or
$0.27 per common share, earned in fiscal 1997.

The Company reported record net revenues of $73.8 million in fiscal 1998, as compared to $30.5 million generated in the
prior fiscal year.

Pretax income climbed to $11.5 million in fiscal 1998, as compared to $2.0 million in fiscal 1997.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext