International Isotopes delivers increased revenues for Q2

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Radioisotope manufacturer International Isotopes of Idaho Falls, Idaho, reported an increase in revenues and as well as net losses for its fiscal 2007 second quarter (end-June 30).

For the period, the company posted revenues of $1.2 million, an uptick compared with revenues of $986,000 for the same quarter in the prior fiscal year. Net losses in the second quarter rose to $351,000 compared with net losses of $261,000 a year ago.

The firm attributed a portion of the net loss increase to higher operational expenses for full-time staff members to support its new Transportation Services subsidiary, facility operational expense related to its Fluorine Products segment, and increased stock option expense.