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HFC Revenues Jump More than $1 million

Published Monday, September 01, 2003

MINNEAPOLIS — For the quarter ended June 30, 2003, revenue for Health Fitness Corp. was $7.7 million, up more than $1 million or 15.6 percent over revenue of $6.7 million for the same quarter last year according to the company. Earnings before income taxes for the quarter were $356,039, an increase of $113,323 or 46.7 percent. Net earnings for the quarter were $217,333, down $553,855 or 71.8 percent from $771,188 for the same quarter last year. The company said that the decline in net earnings was primarily due to the second quarter of 2002 including a $625,300 deferred ...

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