Hooper Holmes Reports Revenue Growth of 13%

Hooper Holmes, Inc. (Amex: HH) yesterday reported financial results for the first quarter ended March 31, 2003. Total revenues for the quarter grew 13% to $74.9 million from $66.5 million in the first quarter last year, reflecting contributions from the Company's acquisitions of D&D Associates and Medicals Direct Group plc in 2002. Revenues for the Health Information Business Unit, comprised of the Company's Portamedic, Infolink, Heritage Labs and Medicals Direct divisions, were $66.1 million, or 88% of total revenues. Medicals Direct increased its revenues 65% to $3.3 million compared to ...