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Allied Healthcare revenue up, profit down

May 07 2008

Second-quarter revenue rose 9.8% at Allied Healthcare International Inc. (NASD: AHCI), a New York-based staffing company that does all its business in the United Kingdom. Allied Healthcare posted revenue of $73.8 million compared with $67.2 million in the same period in the previous year.

Net income fell 12.1% to $1.8 million in the second quarter, compared with $2.0 million in the first quarter of the previous year. Gross margin rose to 29.7% from 29.6%.

Allied Healthcare International Inc. (NASD: AHCI)
For the fiscal second quarter ended March 31, 2008, compared with the same period in the previous year.
Revenue: $73.8 million, +9.8%
Net income: $1.8 million, -12.1%

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