November 3, 2006
Arrhythmia Research Tech. posts 3Q results
By Jeff Lavery
Arrhythmia Research Technology Inc. in Fitchburg and its wholly-owned subsidiary Micron Products Inc. released their 3Q results today, noting a 32% increase in revenues ended September 30, 2006 compared to last year.
The Fitchburg-based company reported total revenue of $4,413,000 and net income of $510,000. In the same period last year, the company recorded total revenue of $3,339,000 and net income of $263,000.
Revenues for the quarter increased over the same period in the prior year for the 14th consecutive year.
For the nine months ended Sept. 30, 2006, total revenue for the company was $13,338,000 and net income was $1,608,000, compared to revenues of $9,871,000 and income of $1,137,000 as noted in '05.
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