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International Isotopes Inc. Announces Third Quarter and Nine Months 2011 Financial Results
Date:11/15/2011

IDAHO FALLS, Idaho, Nov. 15, 2011 /PRNewswire/ -- International Isotopes Inc. (OTC Bulletin Board: INIS) announces financial results for the third quarter and nine-months ended September 30, 2011.  

Revenue for the three-month period ended September 30, 2011 was $2,229,947, as compared to $1,783,047 for the same period in 2010, an overall increase of $446,900, or approximately 25%.  Revenue for the nine-month period ended September 30, 2011 was $7,258,006, as compared to $4,377,891 for the same period in 2010, an increase of $2,880,115, or approximately 66%.  All business segments reported increases in revenue for the nine-month period, and all segments, with the exception of the cobalt products segment, reported increases for the three-month period comparison.  The cobalt product segment reported a decrease in revenue of $431,113 for the three-month period comparison but this decrease is due to there were no bulk cobalt sales for the three months ended September 30, 2011 whereas the Company reported $551,728 in bulk cobalt sales for this same period in 2010.

The Company's three most significant business segments are Radiochemical Products, Nuclear Medicine Standards, and Cobalt Products.  Revenue from the sale of radiochemical products for the three-month period ended September 30, 2011 was $480,562 compared to $446,533 for the same period in 2010.  This represents an increase of $34,029, or approximately 8%.  Revenue from the sale of radiochemical products for the nine-month period ended September 30, 2011, was $1,397,763, compared to $1,295,193 for the same period in 2010. This represents an increase in revenue of $102,570, or approximately 8%.  Increases in this segment's performance are attributable to increased sales of radiochemical iodine-131 which have remained strong for the three and nine-month periods.  <
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SOURCE International Isotopes Inc.
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