• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

Trophy buy adds to Trex results

Article

Radiography firm Trex Medical of Danbury, CT, reported that net income for the third quarter (end-July) climbed 54% to $5.6 million from $3.7 million for the same quarter the previous year. The company's revenues were $72.1 million, as compared with

Radiography firm Trex Medical of Danbury, CT, reported that net income for the third quarter (end-July) climbed 54% to $5.6 million from $3.7 million for the same quarter the previous year. The company's revenues were $72.1 million, as compared with $58.1 million in the third quarter of 1997.

Trex's increased sales were a result of its acquisition of Trophy Radiologie in April, as well as growth in its fluoroscopy, mammography, and cardiac catheter laboratory products, according to Hal Kirshner, president and CEO.

In other Trex news, the company announced July 23 that its Trophy division won a $10 million contract with the Department of Health for the Republic of the Philippines. The contract is guaranteed through a loan to the Philippines from the French government, and Trophy will supply medical x-ray equipment such as stationary and mobile general-purpose systems and radiographic/fluoroscopic systems. Trex expects shipments to begin in early 1999.

Recent Videos
Emerging Research at SNMMI Examines 18F-flotufolastat in Managing Primary and Recurrent Prostate Cancer
Could Pluvicto Have a Role in Taxane-Naïve mCRPC?: An Interview with Oliver Sartor, MD
New SNMMI President Cathy Cutler, PhD, Discusses Current Challenges and Goals for Nuclear Medicine
Where the USPSTF Breast Cancer Screening Recommendations Fall Short: An Interview with Stacy Smith-Foley, MD
A Closer Look at MRI-Guided Transurethral Ultrasound Ablation for Intermediate Risk Prostate Cancer
Improving the Quality of Breast MRI Acquisition and Processing
Can Fiber Optic RealShape (FORS) Technology Provide a Viable Alternative to X-Rays for Aortic Procedures?
Does Initial CCTA Provide the Best Assessment of Stable Chest Pain?
Making the Case for Intravascular Ultrasound Use in Peripheral Vascular Interventions
Can Diffusion Microstructural Imaging Provide Insights into Long Covid Beyond Conventional MRI?
Related Content
© 2024 MJH Life Sciences

All rights reserved.