Patterson reports improved Q3 results

Patterson Companies today reported that sales of Patterson Dental, Patterson's largest business, reached $605 million in the third quarter of fiscal 2012 (end-January 28), a 9% increase from the same period a year ago.

In other results:

  • Sales of consumable dental supplies and printed office products increased more than 3% in the third quarter.
  • Sales of dental equipment and software increased more than 21% from the same period a year ago, driven by double-digit increases in sales of Cerec dental restorative products and digital radiography products.
  • Sales of other services and products, consisting primarily of technical service, parts and labor, software support services, and artificial teeth, were down 4% from last year's third quarter.

"Sales of dental equipment, paced by Cerec systems and digital radiography products, rebounded from the unexpectedly weak performance in last year's third quarter," said Scott Anderson, president and CEO. "Our equipment business benefited from marketing efforts aimed at capitalizing upon the growing acceptance of new digital technologies."

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