Digirad services agreement with Philips over at year-end; shares down 28% [Seeking Alpha]
DIGIRAD (DRAD)
Last digirad earnings: 11/3 06:00 am
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Source: Seeking Alpha
Digirad services agreement with Philips over at year-end; shares down 28%Thinly traded nano cap Digirad (DRAD-27.9%) slumps on a 9x surge in volume, albeit on turnover of only 367K shares, in response to itsdisclosure that subsidiary DMS Health Technologies' services agreement with Philips will end on December 31.DMS provided service contract sales and installation services for Philips' imaging systems, patient monitoring systems and other equipment in a relationship that started in April 2014. It will continue to provide warranty services for selected customers until such periods end.Now read:Cutera (CUTR) Presents At The Sidoti & Company Fall 2017 Convention - Slideshow »
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