Navigation Links
Biotel Announces Profitable Third Quarter Ended March 31, 2008
Date:5/14/2008

MINNEAPOLIS, May 14 /PRNewswire-FirstCall/ -- Biotel Inc. (OTC Bulletin Board: BTEL) announced results for its third quarter ended March 31, 2008 with net earnings of $99,000, or $0.03 per diluted share, on revenues of $2,699,000. This compares to net earnings of $190,000, or $0.07 per diluted share, on revenues of $2,990,000 for the third quarter of last year. For the nine months ended March 31, 2008, Biotel had net earnings of $475,000, or $0.17 per diluted share, on revenues of $8,309,000. This compares to net earnings of $299,000, or $0.11 per share, on revenues of $8,119,000 for the first nine months last year.
Highlights for the third quarter are as follows:

-- Sixth consecutive profitable quarter

-- Gross margin of 45.8%, up from 43.0% a year ago

-- Strong balance sheet with no long-term debt

-- Stockholders' equity of $4,445,000, up 13.0% year over year

"Biotel made good progress building for the future in the third quarter, and the quarter's decrease in revenues had been preceded by some very strong quarters," Biotel President and CEO Steve Springrose said. "Sales of Holter devices, event recorders, liposuction and other medical devices remain solid. The third quarter was diminished as some of our customers deferred purchases in anticipation of important new products. We launched a new Holter platform in March and are preparing to launch our ER900 Wireless Event Recorder in our current quarter. The growth trend for our Agility 24/7 cardiac monitoring services continued to rise in the third quarter, contributing significantly to gross margin improvement. R&D expenses were up significantly in the quarter as we invested in new products and prototype parts. These expenses are essential to future product competitiveness. In keeping with our long-term strategy, Biotel serves as a development partner to medical corporations seeking new devices and clinical research services."


'/>"/>

SOURCE Biotel Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Biotel Announces Record Revenues and Strong Earnings for the Fourth Quarter and Year Ended June 30, 2007
2. Biotel Announces Strong Results for the First Quarter Ended September 30, 2007, FDA 510(k) Clearance for the Braemar ER900 Wireless Event Recorder
3. Biotel Announces Strong Results for the Second Quarter Ended December 31, 2007
4. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
5. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
6. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
7. HEI, Inc. Announces Sale of RFID Division Assets
8. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
9. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
10. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
11. Brooke Franchise Corporation Announces Selected July Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2015)... (PRWEB) May 05, 2015 Major League ... with the belief that ultimate Frisbee™ is home to ... next sport that engages the world. Nike Ultimate Camps’ ... by creating opportunities for young athletes to learn about ... with MLU the perfect fit. , The Nike Ultimate ...
(Date:5/5/2015)... 05, 2015 Igantia , an ... leads an international initiative to examine key biological milestones ... human lifespan. Scientists at Igantia believe that better ... the initiation of her menstrual cycle to her transition ... aging and, ultimately, extend the lifespan. , By ...
(Date:5/5/2015)... May 05, 2015 After record-breaking sales ... in 2014, Walgreens introduces the Cookies & Cream flavor ... innovation, Extend Nutrition has continually raised the bar for ... taste, combined with an unprecedented nutritional profile, backed by ... success, Extend Nutrition will launch additional new products and ...
(Date:5/5/2015)... Kan. (PRWEB) May 05, 2015 B. ... exclusively to healthcare providers, has been retained to recruit ... in Helena, Mont. The top executive search firm in ... more than 900 healthcare executives into organizations. , Shodair ... treatment facility in Montana to offer both acute and ...
(Date:5/5/2015)... (PRWEB) May 05, 2015 Atlantic ... Week, AIS’s Directory of Health Plans, and other ... announce its new monthly newsletter, AIS’s Value-Based Care ... systems, physician groups, pharma companies and their advisers, ... (ACOs), medical homes, bundled payments, coordinated care, global ...
Breaking Medicine News(10 mins):Health News:US Sports Camps, Nike Ultimate Camps, and Major League Ultimate Host Youth Ultimate Summer Camps in Philidelphia 2Health News:Igantia Announces Digital Initiative to Decode Longevity 2Health News:Nationwide Launch of Extend Nutrition’s Newest Bar Flavors Follows Most Successful New Item Sales in Company History 2Health News:Nationwide Launch of Extend Nutrition’s Newest Bar Flavors Follows Most Successful New Item Sales in Company History 3Health News:Nationwide Launch of Extend Nutrition’s Newest Bar Flavors Follows Most Successful New Item Sales in Company History 4Health News:Shodair Children’s Hospital Retains B. E. Smith to Recruit New Administrator 2Health News:Shodair Children’s Hospital Retains B. E. Smith to Recruit New Administrator 3Health News:New AIS Newsletter Features Expert Insights and Strategies on Value-Based Care Arrangements 2
... , , LOS ANGELES, Oct. 9 ... 24th was a smashing success for the retailer known as ... tastemakers and Torrid fans packed the courtyard at the Fashion ... Runway--to celebrate fashion, honor people who work to motivate women ...
... Society of Hematology (ASH) is proud to announce ... Program, which builds hematologic capacity in developing countries. ... developing countries receive valuable clinical, laboratory, or technological ... institution under the mentorship of an ASH member ...
... Supplements help fight treatment-related bone loss, researchers say , FRIDAY, ... low levels of vitamin D, which could lead to weaker ... recommend high doses of vitamin D for them. , "Vitamin ... breast cancer have accelerated bone loss due to the nature ...
... Inc., (Pink Sheets: USFM) a diversified supplier of Farming, Nursery ... companies, Aloe Vera based Health & Beauty products can now ... websites in the world. US Farms, Inc. would like its ... Aloe365 line of Aloe Vera Juice and Skin Gel products ...
... Oct. 9 Enjoy a peaceful night,s sleep ... your partner,s incessant snoring with the Brookstone® ... and product development company recently launched its anti-snore ... helpful in reducing snoring and providing comfort without ...
... Oct. 9 The Costa Atlantica, a member of the Costa ... in a recent inspection conducted by the Centers for Disease Control ... during a stopover in New York, one of the port calls ... cruise. The cruise departed on September 16 from Savona and ended ...
Cached Medicine News:Health News:Torrid's Model Search Winners, Celebrities Celebrate Fashion and Help Support the National Breast Cancer Foundation at the House of Dreams Event 2Health News:Medical professionals from developing nations to pursue hematology training 2Health News:Vitamin D Good for Breast Cancer Patients 2Health News:US Farms, Inc. Aloe Vera Products Now Available on eBay 2Health News:US Farms, Inc. Aloe Vera Products Now Available on eBay 3Health News:Rest Assured With Clinically Tested Anti-Snore Pillow 2Health News:Costa Atlantica Receives a Perfect Score for Vessel Sanitation 2Health News:Costa Atlantica Receives a Perfect Score for Vessel Sanitation 3
(Date:5/5/2015)... , May 5, 2015  American Laboratory Trading, ... in North America, has named industry veteran Anggie Becorest ... Development. Becorest will be based out of the company,s ... role will include expanding the company,s west coast operations, ... opportunities. "ALT has been the leader in ...
(Date:5/5/2015)... Calif., May 5, 2015 Isis Pharmaceuticals, Inc. ... income of $4.0 million for the three months ended ... operating loss of $22.6 million for the same period ... to higher revenue from milestone payments earned from its ... a GAAP basis, Isis reported a loss from operations ...
(Date:5/5/2015)... Scientific Corporation (NASDAQ: KEQU ) announced today the election ... of Directors, effective April 29, 2015. Mr. Gehl is a ... The election of Mr. Gehl is in conjunction with ... his intention to resign from the Board, effective May 29, ... Mr. Gehl was also elected chair of the Audit Committee, ...
Breaking Medicine Technology:ALT Names Anggie Becorest Senior Vice President of Business Development 2Isis Reports Financial Results and Highlights for First Quarter 2015 2Isis Reports Financial Results and Highlights for First Quarter 2015 3Isis Reports Financial Results and Highlights for First Quarter 2015 4Isis Reports Financial Results and Highlights for First Quarter 2015 5Isis Reports Financial Results and Highlights for First Quarter 2015 6Isis Reports Financial Results and Highlights for First Quarter 2015 7Isis Reports Financial Results and Highlights for First Quarter 2015 8Isis Reports Financial Results and Highlights for First Quarter 2015 9Isis Reports Financial Results and Highlights for First Quarter 2015 10Isis Reports Financial Results and Highlights for First Quarter 2015 11Isis Reports Financial Results and Highlights for First Quarter 2015 12Isis Reports Financial Results and Highlights for First Quarter 2015 13Keith M. Gehl Elected to Kewaunee Scientific Board of Directors 2Keith M. Gehl Elected to Kewaunee Scientific Board of Directors 3
... Findings Show Survival Improvement with Lower Doses ... and other,Drugs in Newly Diagnosed Myeloma -, ... -- The,International Myeloma Foundation (IMF) - supporting ... myeloma patients,families, researchers and physicians - today ...
... April 5, 2007-- Stent thrombosis,restenosis and lifelong prescriptions. ... used as part of their heart,operations may be ... than medical experts have ever publicly acknowledged. Recent,articles ... drug-eluting stents continue to take blood thinners, they,could ...
Cached Medicine Technology:The International Myeloma Foundation Says New Clinical Trial,Results Could Improve Survival While Reducing Side Effects For Many,Patients 2The International Myeloma Foundation Says New Clinical Trial,Results Could Improve Survival While Reducing Side Effects For Many,Patients 3New Cardioprotective Drug Could Provide Boost For Post-Bypass,Surgery Heart Health 2
... Durable ergonomic chairs with concave seats ... • Select options like seats, backrests, ... Choose the BE Series for top ... including: industry, education, laboratory, clean room, ...
... ergonomic chairs with concave seats and large ... like seats, backrests, armrests, and casters and ... top performance in a variety of environments ... control, health care and office. • With ...
... Durable ergonomic chairs with concave seats and ... options like seats, backrests, armrests, and casters ... for top performance in a variety of ... static control, health care and office. • ...
... with concave seats and large backrests ... like seats, backrests, armrests, and casters ... Series for top performance in a ... laboratory, clean room, static control, health ...
Medicine Products: