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View All NewsAllied Healthcare revenue down 16%
Allied Healthcare International Inc. (NASD: AHCI), a New York-based homecare and healthcare staffing firm that does all of its business in the United Kingdom, reported revenue fell 15.9% year over year to $63.1 million in its fiscal third quarter ended June 30. However, the company reported revenue rose 7.3% in constant currency.
Third-quarter gross margin narrowed to 30.4% from 30.8%.
Net income fell 2.6% year over year to $2.4 million.
Homecare accounts for approximately 84% of Allied's third-quarter revenue.
Allied Healthcare International Inc. (NASD: AHCI)
For the fiscal third quarter ended June 30, 2009, compared with the same period in the previous year.
Revenue: $63.1 million, -15.9%
Net income: $2.4 million, -2.6%