IDX Systems post double-digit gains in 3Q
Growth in its Carecast and Imagecast products powered IDX Systems Corp. to greater revenues in the third quarter.
Revenues increased to $101.4 million, compared with $88.9 million in the third quarter of 2002. Net income for the third quarter 2003 was $10.3 million, compared with $4.2 million in the year-ago quarter.
For the nine-month period, revenues rose to $292.2 million, up from $254.8 million in the same period in 2002. Net income advanced to $46.3 million, compared with $11.1 million in the year-ago period.
Revenues for all periods presented reflect the elimination of IDX's medical transcription services business operated through its former, wholly owned subsidiary, EDiX Corp, which was divested in June.
Revenues increased to $101.4 million, compared with $88.9 million in the third quarter of 2002. Net income for the third quarter 2003 was $10.3 million, compared with $4.2 million in the year-ago quarter.
For the nine-month period, revenues rose to $292.2 million, up from $254.8 million in the same period in 2002. Net income advanced to $46.3 million, compared with $11.1 million in the year-ago period.
Revenues for all periods presented reflect the elimination of IDX's medical transcription services business operated through its former, wholly owned subsidiary, EDiX Corp, which was divested in June.