Cantel Medical 1Q sales grow 16%

Cantel Medical, the parent company of Medivators, reported $11.24 million in U.S. GAAP net income for its first quarter ended Oct. 31.

Advertisement

The company’s sales increased 16 percent to a record $136.81 million. “We are pleased to have delivered record sales and solid earnings this quarter. We achieved good financial performance in all three major business segments – endoscopy, water purification and filtration and healthcare disposables,” said CEO Andrew Krakauer.

During the company’s first quarter, Medivator’s sales increased 13 percent.

More articles on gastroenterology:
Medicare waives patient cost-sharing for anesthesia in screening colonoscopies: What providers need to know
8 gastroenterologist moves & honors
Charitable organization honors Dr. Vijaypal Arya

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Building a High-Performance Cardiac PET Program: What Health Systems Should Consider

Thursday, July 30
12:00 PM - 1:00 PM CDT

Presenters: Rupa Sanghani, MD, FACC, FASNC, Rush University Medical CenterBrendon Loiselle, CDL Nuclear Technologies

Advertisement

Next Up in GI & Endoscopy

Advertisement

Comments are closed.