Allied Healthcare Products, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
February 14, 2019 at 06:02 pm
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Allied Healthcare Products, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was USD 8.106 million compared to USD 8.718 million a year ago. Operating loss was USD 761,786 compared to USD 244,132 a year ago. Net loss was USD 779,427 compared to USD 380,693 a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.09 a year ago. For the half year, sales was USD 15.375 million compared to USD 16.615 million a year ago. Operating loss was USD 1.988 million compared to USD 1.011 million a year ago. Net loss was USD 2.014 million compared to USD 1.147 million a year ago. Basic loss per share from continuing operations was USD 0.5 compared to USD 0.29 a year ago.
Allied Healthcare Products, Inc. manufactures a variety of respiratory products used in the health care industry in a range of hospital and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. The Companyâs product lines include respiratory care products, medical gas equipment and emergency medical products. Its suction regulators and aspirators include Chemetron Vacuum Traps, Disposable Collection Canisters, Gomco Suction Equipment, Gomco OptiVac AC/DC Portable Suction Unit, Gomco 305 Aspirator, Gomco Tabletop Aspirator Model 300, Gomco General Use Aspirators Models 3020 & 3040, and Gomco Uterine Aspirators Models 3930 & 4072. Its ventilators include AHP300 Transport Ventilator, EPV100/EPV200 Emergency Preparedness Ventilators, LSP AutoVent 2000/3000 Transport Ventilator, and LSP AutoVent 4000 Transport Ventilator. Its emergency medical products are used in the treatment of trauma-induced injuries.
ALLIED HEALTHCARE PRODUCTS, INC. 
