Tag: revenue

ADDISON, Texas - Hasco Medical's net revenues for the second quarter of 2014 were $24 million, up 28% from the same quarter last year, the company has announced. Gross profit was $5.1 million vs. $4.3 million. Revenues in the first half of 2014 totaled $44.5 million, up 32% from the same period last year. Gross profit was $10.4 million vs. $7.8 million. The company credits increased private-pay business for accessible vans and contributions from Auto Mobility Sales, which it bought last September,...

Provider Rick Perrotta says his wheelchair business is down about 30% for the first four months of this year compared to last year, but he's not sure why. "The way our  business is set up, our monthly revenues are very stable," said Perrotta, president of Network Medical Supply in Charlotte, N.C., which specializes in standard power wheelchairs and repairs. "They're going to vary, maybe, 15% above average on a good month and 10% below average on a bad month. But 30%—never." Perrotta says...