Henry Schein reports higher revenue in Q1 results

Henry Schein has reported results for its fiscal first quarter of 2016 (end-March 26) that saw the company post higher revenues and net income.

Net sales for the quarter were $2.7 billion, an increase of 10.1% compared with $2.5 billion in sales in the first quarter of 2015. The company reported adjusted net income of $113.8 million, an increase of 7.7% compared with adjusted net income of $103.4 million in the same quarter of 2015.

Dental sales increased 4.1% to $1.3 billion, according to the company. Henry Schein attributed part of the growth to high-tech equipment sales.