Health Diagnostic Laboratory posts $2.54 million October net profit

By Caroline Salls

Pittsburgh, Dec. 1 – Health Diagnostic Laboratory, Inc. reported a net profit of $2.54 million for October on negative $212,621 in net revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

Those figures compare to a $40.76 million net loss posted for September on $9.49 million in net revenue.

The company also had $12.95 million in cash as of Oct. 31, down from $13.52 million at the end of September.

Health Diagnostic, a Richmond, Va.-based blood testing company, filed for bankruptcy on June 7. The Chapter 11 case number is 15-32919.

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