Recession Leads to Sales Decline and Loss for Allied Healthcare Products in Fiscal 2010

ST. LOUIS, Aug. 30 /PRNewswire-FirstCall/ — Recession-driven budget cuts by hospitals and governmental entities reduced sales for Allied Healthcare Products, Inc. (Nasdaq: AHPI) throughout fiscal 2010. The company managed to offset much of the year’s sales decline by cutting overhead and operating costs. Still, the company reported a loss for the year. For the fiscal year ending June 30, 2010 …

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