In Brief: ATL sales and earnings
This article was originally published in The Gray Sheet
Executive Summary
ATL Ultrasound reported total revenues of $431 mil. (up 3%) for the year ended Dec. 31 and net income of $21 mil. compared to a loss of $828,000 in 1996. "The Gray Sheet" (Feb. 16, I&W-1) incorrectly reported ATL's fourth quarter revenues and gross profit as year-end figures. ATL's gross profit for the year was $214 mil. (49.6% of sales)...