PMR’s Reduction of Psychiatric Management Programs is Cited as Main Causein Revenue Decline

March 12, 2001 PMR's Reduction of Psychiatric Management Programs is Cited as Main Cause in Revenue Decline The PMR Corporation reported on February 27, 2001 that revenues for the third quarter of fiscal year 2001 were $4.1 million, a decrease of 59 percent compared to revenues of $9.9 million, net of discontinued operations, for the third quarter of fiscal year 2000. The decline in revenues and earnings was primarily due to the reduction of outpatient psychiatric management programs. The company reported a net loss of $2.9 million, or 40 cents per share, for the third quarter . . .