Birner Dental Management Services reported revenues of $16.4 million for the second quarter of 2011 (end-June 30), a 4.3% increase over revenues of $15.7 million for the same quarter a year ago.
Net income for the quarter increased 68.6% to $365,000, compared with $217,000 for the same period of 2010.
Although Birner's Perfect Teeth dental offices generated strong financial results in the quarter, the performance of its Vantage Dental Implant Center negatively affected the company's earnings -- a trend Birner expects to continue through 2011, according to the company.
Birner Dental acquires, develops, and manages dental practice networks in Colorado, New Mexico, and Arizona. The company currently manages 64 dental offices -- all under the Perfect Teeth name -- with 111 dentists.
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