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61 per diluted share, compared to $7.812 million or $0.61 per diluted share in the same period last year.
The company posted income from continuing operations for the quarter of $8.25 million or $0.62 per diluted share, compared to $7.
818 million or $0.61 per diluted share in the prior year period. Quarterly gross revenues increased to $71.
15 million from $68.99 million in the year-ago quarter. Net revenues for the quarter totaled $52.
85 million, compared to $52.61 million in the year-ago period. Analysts expected the company to report earnings for the quarter of $0.
65 per share on $56.77 million revenues. For fiscal 2007, the company said expects fully diluted GAAP earnings per share from continuing operations in the range of $2.
66 to $2.76, which equates to 15%-20% growth over last year. The company also received board approval for quarterly dividend of $0.
09 per share, which is payable on January 2, 2007 to shareholders having record on December 22, 2006. Vital Signs Inc. gapped down Friday and has since continued to decline.
The stock is down 3.44 at $52.49 and is trading at over a 3-month low.
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