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DataTrak Issues Financial Results.

Publication: Wireless News
Publication Date: 17-MAR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: DataTrak Issues Financial Results.(DataTrak International Inc.)(Financial report)

Article Excerpt
DataTrak International, a technology and services company focused on eClinical solutions for the clinical trials industry, announced its operating results for the fourth quarter and full year of 2008.

In a release dated March 16, the company stated:

- Revenue for the fourth quarter of 2008 increased 15 percent to $2,122,000 compared to $1,839,000 in the same period of 2007. Gross profit margin improved to 80 percent for the three months ended December 31, 2008 compared to 48 percent for the last three months of 2007. The improvement in the company's gross margin reflects the increase in...

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