Medical Resources reshapes managementTrex results indicate healthy growth
Trex Medical of Danbury, CT, this month released financial results for fiscal 1997 (end-September) that indicate the x-ray vendor is in fine shape. For the year, Trex had revenues of $229.3 million, up 53% compared with $150.2 million in fiscal 1996. The
Trex Medical of Danbury, CT, this month released financial results for fiscal 1997 (end-September) that indicate the x-ray vendor is in fine shape. For the year, Trex had revenues of $229.3 million, up 53% compared with $150.2 million in fiscal 1996. The company's net income also grew, with the vendor reporting a profit of $14.7 million for the most recent year, compared with net income of $9.3 million in 1996. Trex president and CEO Hal Kirshner said he believes the company will continue to capture market share due to agreements signed this year with several large hospital buying groups.