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CardioDynamics Reports Third Quarter 2008 Results, Seventh Consecutive Quarterly Revenue Growth and 15% Year to Date Revenue Increase
Date:10/9/2008

54) (1,162) (1,582) (4,011)

Other expense, net (175) (232) (533) (680)

Loss before income taxes and minority

interest (429) (1,394) (2,115) (4,691)

Minority interest in income of

subsidiary - (11) (145) (45)

Income tax benefit (provision) (3) 56 (519) (195)

Loss from continuing operations (432) (1,349) (2,779) (4,931)

Income (loss) from discontinued

operations - 496 127 (10,614)

Net loss $(432) $(853) $(2,652) $(15,545)

Net loss per common share:

Basic and diluted $(0.06) $(0.12) $(0.37) $(2.22)

Weighted-average shares used in per

share calculation:

Basic and diluted 7,213 7,031 7,171 7,004

Selected Consolidated Balance Sheet Data

August 31, November 30,

2008 2007

Cash and cash equivalents $6,328 $8,362

Accounts receivable, net 3,861 4,475

Inventory, net 1,195 1,670

Total current assets 11,942 15,164

Long-term assets 4,451 4,703

Total assets 16,393 19,867

Total current liabilities 7,885 5,620

Long-term liabilities 879 4,318

Total liabilities 8,764 9,938

Minority interest 478 407

Shareholders'
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SOURCE CardioDynamics
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