Theragenics adjusts 4Q earnings upward |
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Fri, 09 Mar 2007 01:20
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BUFORD, Ga. (AP) - Medical device maker Theragenics Corp. revised its fourth-quarter and full-year 2006 results upward by $300,000 Thursday, after including newly released tax asset valuations.Net income for the quarter ended Dec. 31, 2006 was $4 million, or 12 cents per share, compared with the previously announced earnings of $3.7 million, or 11 cents per share. Revised annual income was $6.9 million, or 21 cents per share, compared with the previously reported $6.6 million, or 20 cents per share.The company posted a loss of $236,000 in fourth quarter 2005.Theragenics said the update has no effect on previously reported revenue, operating income or earnings before income taxes.Shares of Theragenics Corp. rose 5 cents to $4.70 in after-hours trading, after dropping 9 cents to close at $4.65 on the New York Stock Exchange.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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