September 30, 2009
Biotel Inc. is in the StockGuru Spotlight for October 1, 2009
DALLAS, TEXAS : StockGuru announces that Biotel Inc. (OTCBB: BTEL) is in the StockGuru Spotlight. Biotel, Inc., through its subsidiaries, engages in the development, manufacture, testing, and marketing of medical devices and related software products. It offers analog and digital Holter recorders, as well as tape playback systems for analog devices; and digital cardiac event recorder products, which record heart functions over a month or longer time period to record infrequent events, such as arrhythmia. The company also provides original equipment manufacturers components for fluid transport, flow measurement, and ultrasound medical devices; and electrocardiogram data and management services for cardiac safety, and therapeutic evaluation purposes within clinical trials. In addition, Biotel offers repair and maintenance services. It serves medical corporations, clinics, and hospitals. The company is based in Eagan, Minnesota.
On Wednesday, the company put out news announcing results for the fiscal year ended June 30, 2009, with net earnings of $944,000, or $0.33 per diluted share, on revenues of $12,640,000. This compares to net earnings of $666,000, or $0.23 per diluted share on revenues of $11,495,000 in fiscal year 2008. For its fourth quarter, the Company reported net earnings of $174,000 or $0.06 per diluted share, on revenues of $3,165,000. This compares to net earnings of $191,000, or $0.07 per diluted share, on revenues of $3,187,000 in the fourth quarter of fiscal 2008.
Shares for Biotel Inc. (OTCBB: BTEL) were down during the late afternoon of trading on Wednesday and closed down fifteen cents at closing.
To view our StockGuru Spotlight on Biotel Inc. (OTCBB: BTEL), please visit:
http://www.stockguru.com
What is the StockGuru Spotlight?
The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
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