ATI Medical Shows $663,673 Profit for Quarter

ATI Medical, a Glendale-based concern that rents medical equipment to hospitals, reported a $663,673 profit for its fiscal fourth quarter, contrasted with a year-earlier loss of $299,819.

The improvement came on a 40% gain in ATI’s sales, to $10.2 million from $7.31 million, in the quarter that ended July 31.

For its full fiscal year, ATI’s profit surged nearly fourfold, to $2.17 million from $571,146 the previous year. Its annual revenue rose 52% to $39.1 million from $25.8 million.