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IntegraMed reports profit gain

May
1

IntegraMed America Inc., a Purchase-based company that runs fertility centers and vein clinics, earned $655,000, or 8 cents a share, during the first three months of this year, an improvement over the $615,000, or 7 cents a share, in profit during the first quarter of 2007. The gain came despite a $495,000 negative swing related to higher debt levels from an acquisition. The company said the results also include an increase in its tax rate, which was 41 percent, up from 33 percent. The company’s shares were trading at $9.80, down 3 cents, shortly after markets opened this morning.

This entry was posted on Thursday, May 1st, 2008 at 9:14 am by Allan Drury.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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