American Medical Alert Corp. Reports Second Quarter 2011 Results.
Business Wire › August 15, 2011
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American Medical Alert Corp. Reports Second Quarter 2011 Results.
LONG ISLAND CITY, N.Y. -- American Medical Alert Corp. (NASDAQ: AMAC) a provider of healthcare communication services and advanced telehealth monitoring technologies, today announced operating results for the quarter and six months ended June 30, 2011, the highlights of which are as follows:
* Company continues revenue momentum within the TBCS division and records third consecutive quarter of double digit growth as compared to the same quarters in the prior year, primarily as a result of business generated from new awards in the pharmaceutical channel and expanded business within its non-traditional offerings to hospital organizations. * Company executed an agreement with a major multi-national conglomerate to provide the Company's PERS product under a private label arrangement. * Company has built up cash on hand in excess of $7,100,000 and had working capital of over $12,600,000 at June 30, 2011. ...See the full content of this document
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