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Hooper Holmes Reports Slight Increase in Net

Thursday, February 27, 2003 | 0

Hooper Holmes, Inc. (Amex: HH) yesterday reported financial results for the fourth quarter and twelve months ended December 31, 2002. Revenues for the quarter increased 7% to $68.2 million from $63.6 million in the fourth quarter of 2001. Net income grew modestly to $4.4 million, or $0.07 per diluted share, compared to $3.8 million, or $0.06 per diluted share, reported in the 2001 fourth quarter. Fourth quarter results in 2001 would have been approximately $0.01 per diluted share higher if the Statement of Financial Accounting Standards No. 142 (goodwill amortization) had been applied in 200...

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