Allied Healthcare Products, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2020
May 15, 2020 at 10:18 am
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Allied Healthcare Products, Inc. announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was USD 8.097 million compared to USD 8.316 million a year ago. Operating loss was USD 304,769 compared to USD 352,933 a year ago. Net loss was USD 330,484 compared to net income of USD 378,479 a year ago. Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. For the nine months, sales was USD 23.382 million compared to USD 23.691 million a year ago. Operating loss was USD 2.424 million compared to USD 2.341 million a year ago. Net loss was USD 2.476 million compared to USD 1.635 million a year ago. Basic loss per share from continuing operations was USD 0.62 compared to USD 0.41 a year ago.
Allied Healthcare Products, Inc. manufactures a variety of respiratory products used in the health care industry in a range of hospital and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. The Companyâs product lines include respiratory care products, medical gas equipment and emergency medical products. Its suction regulators and aspirators include Chemetron Vacuum Traps, Disposable Collection Canisters, Gomco Suction Equipment, Gomco OptiVac AC/DC Portable Suction Unit, Gomco 305 Aspirator, Gomco Tabletop Aspirator Model 300, Gomco General Use Aspirators Models 3020 & 3040, and Gomco Uterine Aspirators Models 3930 & 4072. Its ventilators include AHP300 Transport Ventilator, EPV100/EPV200 Emergency Preparedness Ventilators, LSP AutoVent 2000/3000 Transport Ventilator, and LSP AutoVent 4000 Transport Ventilator. Its emergency medical products are used in the treatment of trauma-induced injuries.
ALLIED HEALTHCARE PRODUCTS, INC. 
