ATI Medical Shows $663,673 Profit for Quarter
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ATI Medical, a Glendale-based concern that rents medical equipment to hospitals, reported a $663,673 profit for its fiscal fourth quarter, contrasted with a year-earlier loss of $299,819.
The improvement came on a 40% gain in ATI’s sales, to $10.2 million from $7.31 million, in the quarter that ended July 31.
For its full fiscal year, ATI’s profit surged nearly fourfold, to $2.17 million from $571,146 the previous year. Its annual revenue rose 52% to $39.1 million from $25.8 million.
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