Allied Healthcare Products, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2019
May 15, 2019 at 08:02 pm
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Allied Healthcare Products, Inc. announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced sales was USD 8.316 million compared to USD 8.466 million a year ago. Operating loss was USD 352,933 compared to USD 887,626 a year ago. Net income was USD 378,479 compared to net loss of USD 901,037 a year ago. For the nine months, sales was USD 23.691 million compared to USD 25.082 million a year ago. Operating loss was USD 2.341 million compared to USD 1.899 million a year ago. Net loss was USD 1.635 million compared to USD 2.048 million 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.