Cantel posts 1Q profit

LITTLE FALLS, N.J. (AP) _ Cantel Medical Corp. (CMD) on Thursday reported fiscal first-quarter net income of $22.9 million.

The Little Falls, New Jersey-based company said it had profit of 55 cents per share. Earnings, adjusted for one-time gains and costs, came to 57 cents per share.

The medical equipment maker posted revenue of $212.8 million in the period.

Cantel shares have risen 27 percent since the beginning of the year. The stock has climbed 17 percent in the last 12 months.

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