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Center for Wound Healing reports loss

September
25

The Center for Wound Healing Inc., a Tarrytown-based manager of wound care treatment centers, reported a net loss of $4.3 million for its fiscal year ending June 30, or 19 cents a share. That was less than the net loss of $9.4 million, or 41 cents per share a year earlier.

Operating income of $3.1 million compared with an operating loss of $7 million a year earlier. Revenues climbed 33 percent to $26.4 million.

The 11-year-old company, whose shares trade on the over the counter market, manages 35 wound care centers in the eastern United States in partnership with local acute care hospitals. Quarterly results were not included in the company’s earnings release.

This entry was posted on Thursday, September 25th, 2008 at 4:19 pm by Jay Loomis.
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