Navigation Links
Allied Healthcare Products Returns to Profitability By Offsetting Depressed Sales with Cost Reductions
Date:2/8/2010

ST. LOUIS, Feb. 8 /PRNewswire-FirstCall/ -- Cost reductions offset a recession-driven sales decline to move Allied Healthcare Products (Nasdaq: AHPI) narrowly back into profitability in the second quarter of fiscal year 2010.

Sales for the quarter ended December 31, 2009 declined almost 9 percent, from approximately $12.5 million during the same quarter last year to $11.4 million in the current quarter. However, Allied's costs of sales were reduced even more sharply, from approximately $9.8 million to less than $8.5 million, or almost 14 percent.  Also, selling, general and administrative costs for the quarter were reduced to $2.9 million from $3.4 million, a reduction of almost 15 percent.  The result was a break-even quarter with net income of about $22,000, equating to zero cents per share, versus a loss of $436,000, or negative six cents per share, in the same quarter last year.

Cost reductions were achieved throughout the company, including operations, personnel and other overhead.  

Allied's sales in U.S. markets for hospital and emergency equipment have been particularly hard hit by recession-driven budget cuts by hospitals and municipalities.  "At some point, this basic equipment must be replaced, so sales in these markets are expected to return to normal levels.  What we do not, and cannot, know is when that will be," said Earl Refsland, Allied president and chief executive offic
'/>"/>

SOURCE Allied Healthcare Products, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine technology :

1. Recession Continues to Depress Sales at Allied Healthcare Products
2. Nestle HealthCare Nutrition and HealthCare Professionals Join Forces to Improve Patient Safety
3. Covance To Present At The 20th Annual Global Healthcare Services Conference
4. Local Organizations Partner to Improve Healthcare in Haiti
5. Henry Schein to Present at the UBS 20th Annual Global Healthcare Services Conference
6. WJB Capital Group, Inc. Expands Coverage of Healthcare Industry
7. PDI to Present at the UBS 20th Annual Global Healthcare Services Conference
8. ASP Assists Healthcare Facilities With Transition From the STERIS System 1(R)
9. MS&L Appoints Patricia Archambault as Vice President, Healthcare in Montreal
10. Repligen Announces Long Term Supply Agreement with GE Healthcare for Recombinant Protein A
11. Henry Schein To Present At The Jefferies 2010 Global Healthcare Services Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/30/2014)... 30, 2014 Passport Health, one of the ... has launched FluFree.com, a website designed to promote, educate ... For 20 years, Passport Health has provided its clients ... launch of FluFree.com is designed to address the growing ... of people who actually chose to get vaccinated. ...
(Date:9/30/2014)... 2014   Acutus Medical, Inc. (ACM), ... 3D Cardiac Chamber Imaging and Dipole Density Mapping system ... sustain complex cardiac arrhythmias, including atrial fibrillation, announced it ... its imaging/mapping system as well as bring to market ... Medical to complete work on the AcQMap TM ...
(Date:9/30/2014)... , Sept. 30, 2014 Headquartered in ... is a diversified company comprised of several specialized partners ... technology and the proven expertise of its team of ... wellness. WholeHealth Products, line of more than 10 professional ... and its more than 8 retail consumer tests is ...
Breaking Medicine Technology:Passport Health Launches FluFree.com - Aims To Improve Flu Vaccination Rates and Fulfill Growing Public Health Priority 2Passport Health Launches FluFree.com - Aims To Improve Flu Vaccination Rates and Fulfill Growing Public Health Priority 3Acutus Medical, Inc. Completes Additional $26.2M Series B Financing to Fund Portfolio Expansion 2Acutus Medical, Inc. Completes Additional $26.2M Series B Financing to Fund Portfolio Expansion 3WholeHealth Products Announces The Discovery Of The "Autism And Fragile X" Microwell And Rapid Diagnostic Test 2
... , ARDEE, Ireland, Nov. 19 Warner Chilcott ... its previously announced secondary offering of 20,000,000 of its ordinary ... share. The selling shareholders include funds affiliated with Bain ... CCMP Capital) and Thomas H. Lee Partners, L.P., certain other ...
... , ... leading global,supplier of active pharmaceutical ingredients (APIs), announced ... Safety Certification from,SafeBridge(R) Consultants, Inc. The Certification confirms ... potent active,pharmaceutical ingredients (APIs), and applies to specific ...
Cached Medicine Technology:Warner Chilcott Prices Secondary Equity Offering 2Warner Chilcott Prices Secondary Equity Offering 3Warner Chilcott Prices Secondary Equity Offering 4ScinoPharm Announces SafeBridge Potent Compound Safety Certification 2
(Date:9/30/2014)... EverStryke , the permanent match currently offered ... with a free book and class all about survival education ... an investigative review. , “Joe Marshall of SurvivalLife.com is ... preparation niche, and this product is an excellent way to ... products that Joe offers on his website to help people ...
(Date:9/30/2014)... 2014 VisitandCare.com reports that ... gone up more than 79 percent in 2014, marking ... also reported total revenue tripled for its entirety of ... professional strategy has allowed them to partner with ... patient comfort and privacy — with state-of-the-art surgical atmospheres ...
(Date:9/30/2014)... 2014 Regenerative Medicine Solutions (RMS) is ... in Nashville, Tennessee. RMS welcomes the launch of an ... expansion of a new treatment center for the Lung ... Apnea Institute to Nashville, the hope is to bring ... both diagnosed and undiagnosed. With Nashville being a hub ...
(Date:9/30/2014)... 30, 2014 Bifidobacteria, the primary bacteria ... poor diet, and stress, so a high Bifido probiotic ... of Ultimate Flora™ Men’s Complete contains 90 ... 7 Bifidobacteria strains to support a healthy large intestine ... up, and 32 billion cultures from 7 Lactobacillus strains ...
(Date:9/30/2014)... unprecedented, public-private partnership funded by the Department of ... development of better-run clinical trials and may lead ... injury, a condition affecting not only athletes and ... ranging from youngsters to elders. , Under ... a $17 million, five-year award from the DoD, ...
Breaking Medicine News(10 mins):Health News:EverStryke: Review Exposes Joe Marshall’s Permanent Match Survival Product 2Health News:VisitandCare.com Announces Record Demand for Plastic Surgery in Turkey 2Health News:VisitandCare.com Announces Record Demand for Plastic Surgery in Turkey 3Health News:VisitandCare.com Announces Record Demand for Plastic Surgery in Turkey 4Health News:Regenerative Medicine Solutions Expanding 2Health News:ReNew Life Introduces Ultimate Flora™ Men’s Complete Probiotic 90 Billion—Comprehensive Probiotic Support Just for Men 2Health News:US aims for traumatic brain injury clinical trial success 2Health News:US aims for traumatic brain injury clinical trial success 3Health News:US aims for traumatic brain injury clinical trial success 4
... of a complex signaling network in the developing brain ... congenital brain malformation, Yale School of Medicine researchers report ... variety of neurological disorders such as epilepsy, mental retardation, ... and genetic causes, but is most commonly due to ...
... is probing the link between breast density and its implication ... novel study on 1,112 women has brought to the fore, ... with dense breasts. The study revealed that, those with dense ... breast cancer, compared to women with fatty tissue in the ...
... of Vertebral Subluxation Research (JVSR), suggests that chiropractic ... from learning disabilities and dyslexia. ,The ... DC, president of the Swiss Chiropractic Pediatric Association, ... from learning and behavioral disorders. ,"This ...
... painkillers, especially the likes of Ibuprofen and Aspirin, which come ... out or exercise. A new study has suggested that the ... work out, may ease muscle pain by 50%. ... of kinesiology at the University of Georgia, Athens, 'A lot ...
... researchers who studied winners and nominees of the Nobel ... status and health in monkeys, but it has been ... status often brings more wealth, which improves living standards ... Scientist., ,Andrew Oswald and Matthew Rablen, economists at ...
... for chemotherapy which would have none of the unbearable side ... in the Canadian journal Cancer Cell. // ,The scientists ... DCA or the dichloroacetate which like a usual tablet can ... consumed. The greater advantage of DCA is its cost effectiveness ...
Cached Medicine News:Health News:Missing Molecule Has Important Role in a Developmental Brain Abnormality 2Health News:Chiropractic Care Helps Children With Learning Disorders and Dyslexia 2Health News:Chiropractic Care Helps Children With Learning Disorders and Dyslexia 3Health News:Work-outs, Not So Much of a ‘pain’ With Caffei 2
... experts say the most efficient,aspiration ... lateral movement of the,cannula tip. ... of,the ARC-H II Reciprocating Cannula,assures ... tip is,restricted to a longitudinal ...
Inquire...
... The Klein Pump provides optimum ... tumescent infiltration. Operates on any ... switch with safety Interlock and ... Spike Tubing, Double Spike Tubing, ...
... MicroAire Power Assisted Lipoplasty Device uses a 2-mm ... facilitate the movement of the cannula in tissue. ... with more fibrous tissue. That makes the lipoplasty ... will ease your mind to learn that the ...
Medicine Products: