Medical Connections Holdings, Inc. (MCTH.OB) Reports 58% Revenue Increase

 

Medical Connections Holdings, Inc., a fast growing national provider of medical staffing services, has reported a 58% increase in revenue for the third quarter, 2008. The company declared quarterly revenues of $1,855,671, versus $1,176,850 for the same quarter 2007. Also given were revenue figures for the nine months ending September 30, 2008, representing an increase of 64%, to $5,346,080. The results are an important step in the company’s continued drive toward profitability, representing a decrease in net loss margin by 30% period to period.