FDAnews Drug Daily Bulletin

MEDISYSTEM TECHNOLOGIES Q2 EARNINGS SLIP TO $471K FROM $500K

April 11, 2006
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Second-quarter profits slipped slightly at MediSystem Technologies Inc. to $472,804 but revenues improved significantly during the period, the company said Monday. The provider of pharmaceutical services and products to long-term care facilities said its net earnings for the period ended Feb. 28 amounted to two cents per share diluted and compared to a profit of $500,380 or 2.6 cents per share in the prior-year quarter.
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