InSight Health Services Corp.:
The Newport Beach provider of diagnostic imaging and related management services reported that net income nearly quadrupled for the third quarter as revenue climbed 17%.
Net income totaled $2 million, or 21 cents a share, for the three months ended March 31, up from $525,000, or 6 cents a share, for the year-earlier period. Revenue rose to $47.7 million from $40.8 million.
InSight attributed the revenue growth to cost-cutting measures during the quarter and the acquisition of two imaging centers in Indiana during the second quarter.
The stock moved up 14.3%, or 94 cents a share, to $7.50 in Nasdaq trading.
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