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SMT continues earnings growth
Mobile MRI provider SMT Health Services reported its fifth straightquarter of record earnings on the strength of double-digit percentagesales growth. In its third fiscal quarter (end-September) the Pittsburgh companyearned $431,000, more than double the
Mobile MRI provider SMT Health Services reported its fifth straightquarter of record earnings on the strength of double-digit percentagesales growth.
In its third fiscal quarter (end-September) the Pittsburgh companyearned $431,000, more than double the $202,000 reported in thesame period in 1994. Third-quarter 1995 revenues were $3.9 million,compared to $3.5 million in the same period last year.
In related news, SMT has been granted approval to list its commonstock and warrants on the NASDAQ national market system underthe symbols SHED and SHEDW. The company, which operates 11 mobileMRI scanners in six states, expects its securities to begin tradingon the exchange early this month. It has been listed on the NASDAQsmall-cap index.