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
Study: MRI-Based AI Enhances Detection of Seminal Vesicle Invasion in Prostate Cancer
What New Research Reveals About the Impact of AI and DBT Screening: An Interview with Manisha Bahl, MD
Can AI Assessment of Longitudinal MRI Scans Improve Prediction for Pediatric Glioma Recurrence?
A Closer Look at MRI-Guided Adaptive Radiotherapy for Monitoring and Treating Glioblastomas
Incorporating CT Colonography into Radiology Practice
What New Research Reveals About Computed Tomography and Radiation-Induced Cancer Risk
What New Interventional Radiology Research Reveals About Treatment for Breast Cancer Liver Metastases
New Mammography Studies Assess Image-Based AI Risk Models and Breast Arterial Calcification Detection
Can Deep Learning Provide a CT-Less Alternative for Attenuation Compensation with SPECT MPI?
Employing AI in Detecting Subdural Hematomas on Head CTs: An Interview with Jeremy Heit, MD, PhD
Related Content
© 2025 MJH Life Sciences

All rights reserved.