Syncor Reports Level 1st-Quarter Earnings
Syncor International Corp. posted level earnings in its first quarter on a 10% increase in sales.
For the quarter that ended March 31, Syncor posted net income of $3.36 million, compared with net income of $3.35 million in the same period a year earlier. Revenues in the latest quarter rose to $102.7 million, up from $93.1 million last year.
The company attributed its improved results in part to recent acquisitions.
Syncor, headquartered in Woodland Hills, is a provider of radiopharmaceuticals and specialized pharmacy and medical imaging services.
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