Profit Jumps 46% for Heart Hospital Parent ; Medcath Predicting Continued Growth in Core Business

Summary


DAYTON -- MedCath Corp., owner of the Dayton Heart Hospital, said Thursday that its fiscal second-quarter profit rose 46 percent on stronger revenue.

Charlotte, N.C.-based MedCath said it was $3.8 million, or 20 cents per share, during the three-month period ended March 31, compared with $2.6 million, or 14 cents per share, during the same period last year.

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Profit Jumps 46% for Heart Hospital Parent ; Medcath Predicting Continued Growth in Core Business

Revenue for the quarter climbed nearly...

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