Atrion Reports First Quarter 2024 Results
ALLEN, Texas, May 10, 2024 (GLOBE NEWSWIRE) — Atrion Corporation (NASDAQ:ATRI) today announced its results for the first quarter ended March 31, 2024.
Revenues for the first quarter of 2024 totaled $47.3 million compared to $40.0 million for the same period in 2023. For the just ended quarter, operating income was $3.1 million, down $1.3 million from the comparable 2023 period, primarily due to a one-time inventory write-off, and net income was $2.8 million, down $0.7 million from the same period in 2023. First quarter 2024 diluted earnings per share were $1.59 compared to $1.98 for the first quarter of 2023.