Dental equipment supplier Young Innovations reported higher sales for the second quarter of 2010.
For the quarter (end-June 30), sales were $25.8 million, up $1.2 million (4.6%) from $24.6 million in the same quarter a year ago. Net income increased 11.1% to $3.7 million, compared with $3.3 million in 2009.
"We were pleased with the overall strength of our sales in the quarter. We continued to experience solid demand for our consumable product offerings. Furthermore, sales of our diagnostic products showed strong growth for the first time since 2008," the company stated in a press release.
A stronger U.S. dollar negatively impacted sales by $100,000 in the quarter, the company noted.
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