Year-Old NMR Centers Posts Loss on $983,280 in Revenues
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NMR Centers Inc., a year-old Newport Beach operator of outpatient diagnostic-imaging centers, posted a $228,029 net loss in the second quarter. Quarterly revenues totaled $983,280.
For the first six months, NMR reported a net loss of $672,529 on revenues of $1.7 million. The company was in the development stage until July, 1985, and has no comparable figures from last year because it had no significant income from operations until the third quarter.
An increased demand for services of diagnostic-imaging machines--expensive scanners that look for soft-tissue abnormalities--has been raising revenues and lowering net losses each quarter since NMR began operations, company President S. Lewis Meyer said.
The losses so far have been expected, and the company believes it will post its first profit by the end of the next year’s first quarter, Meyer added.
NMR has three independent outpatient-imaging facilities nationwide, is building three more centers and has a fourth in the planning stages, Meyer said.
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