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Wednesday, Apr 24, 2024

North American Scientific Loss Widens

The Chatsworth medical device maker North American Scientific Inc. reported its first quarter fiscal year net loss widened compared to last year. Net loss for the quarter totaled $3.2 million from $2.68 million a year ago. Revenues increased slightly to $7.6 million on strong sales from the company’s Radiation Sources segment, which tallied its sixth consecutive quarter of year-over-year sales. Revenues grew 37 percent from the previous year, the company said.

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