Despite a slight increase in net revenue for the second quarter and first six months of 2009 compared to the same periods a year ago, Birner Dental Management Services said it "continues to experience a general weakness in the economy in its markets," the company stated in a press release.
For the second quarter (end-June 30), the company's dental group practice revenue increased $300,000, or 2%, to $15.2 million. Net revenue increased $93,000, or 1.1%, to $8.9 million. Net income for the quarter increased $69,000, or 15.4%, to $520,000 compared to $450,000 for the same period of 2008.
"We are very pleased with the operating performance achieved by the company in the quarter, particularly in light of the weak economic environment," said CEO Fred Birner in the release.
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