Crdentia Corp. (CRDT.OB) Third Quarter Results See Revenue Rise Due to Organic Growth
The healthcare staffing company saw its third quarter revenue rise to $7.3 million and a larger Margin in the third quarter up to 21.4%. This is coming after a usually weak quarter for healthcare staffing companies, which shows Crdentia’s strong pricing and cost controls within its industry. With Crdentia’s acquisition of MPHS, a leading Healthcare Staffing company in Birmingham and ATS Health services, they are fast becoming the nation’s number one Healthcare staffing company. Also by acquiring MPHS and ATS, Crdentia has spread its fixed costs over larger operations. This is leading to strong Organic growth and increasing the bottom line.…