Navigation Links
MGC Diagnostics Corporation Reports Fourth Quarter and Fiscal Year 2012 Operating Results
Date:12/19/2012

SAINT PAUL, Minn., Dec. 19, 2012 /PRNewswire/ -- MGC Diagnostics Corporation (NASDAQ: MGCD) (formerly Angeion Corporation), a global medical technology company, today reported financial results for the fourth quarter and fiscal year 2012 ended October 31, 2012.

(Logo: http://photos.prnewswire.com/prnh/20120821/LA60189LOGO)

Fourth Quarter and Fiscal Year 2012 Highlights:

  • Fourth quarter revenue of $8.2 million increased 4% versus fourth quarter of fiscal 2011 and 19% on a sequential basis. Fiscal 2012 revenue was comparable to fiscal 2011 revenue;
  • Fiscal fourth quarter income from continuing operations was $5,000 or $0.00 per diluted share and income from discontinued operations was $785,000 or $0.20 per diluted share for comprehensive income of $790,000 or $0.20 per diluted share. The fiscal 2012 loss from continuing operations was $(1.06) million or $(0.28) per diluted share and income from discontinued operations was $1.06 million or $0.28 per diluted share for a net comprehensive loss of $(3,000) or $(0.00) per diluted share;
  • Fiscal 2012 recurring revenue (service and supplies revenues) totaled 40% of total revenue compared to 37% in fiscal 2011; 
  • Fiscal 2012 maintenance and service contract billings increased 6% on a year-over-year basis;
  • Strong year-end balance sheet with $9.7 million in cash and investments, $13.5 million of working capital and no long-term debt;
  • Rated #1 in all product and service categories of a September 24, 2012 User Satisfaction Survey by MD Buyline; a provider of objective, evidence-based information used in the selection, acquisition, and management of medical technology;
  • The Company sold the assets of its New Leaf business to Life Time Fitness, effective August 28, 2012 to focus on its core busines
    '/>"/>

  • SOURCE MGC Diagnostics Corporation
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10

    Related medicine technology :

    1. QBC Diagnostics Awarded GSA Contract
    2. Quest Diagnostics Establishes Unique Healthcare Identifier to Improve Access to Vital Patient Health Information; 80 Million Patient IDs Created to Date
    3. Heightened Awareness, Coupled with Expanding Patient Pool, Stimulates Sleep Apnea Diagnostics and Sleep Services Market, Says Frost & Sullivan
    4. Ariosa Diagnostics to Present and Exhibit at the 16th International Conference on Prenatal Diagnosis and Therapy
    5. ZINO Society Targets Medical Devices, Healthcare IT and Diagnostics
    6. Quest Diagnostics To Speak At The Wells Fargo Securities 2012 Healthcare Conference
    7. Breakthrough Prostate Cancer Diagnostics
    8. NicOx Signs Worldwide Licensing Agreement With Rapid Pathogen Screening, Inc. For Ophthalmic Diagnostics
    9. Frost & Sullivan: Expanding Sample Prep Market Supports Growth Trends in Molecular Diagnostics Markets
    10. QIAGEN Unveils Initiative to Create Next-Generation Sequencing Portfolio for use in Clinical Research and Molecular Diagnostics
    11. Quest Diagnostics to Release Second Quarter 2012 Financial Results on July 19
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:8/1/2014)... -- In the latest call for gender equity in ... 60 doctors and leading medical experts from across the ... and Drug Administration,s (FDA) decision to approve 26 drugs ... dysfunction compared with ZERO for women,s most common complaint, ... by approving the first-ever drug to treat Hypoactive Sexual ...
    (Date:8/1/2014)... , August 1, 2014 ... Market by Type (Traditional Wound Closure, Anti infective), Basic ... (Artificial Skin & Skin Substitutes), Pressure Relief Devices, ... MarketsandMarkets, the global Wound Care Market is expected to ... in 2014, growing at a CAGR of 3.2% ...
    (Date:8/1/2014)... PLYMOUTH MEETING, Pa. , Aug. 1, 2014 /PRNewswire/ ... that it will host a conference call to report ... 11, 2014 at 9:00 AM ET. CEO Dr. ... will discuss second quarter earnings, provide a corporate ... The update will include clinical development plans for VGX-3100, ...
    Breaking Medicine Technology:60+ Doctors and Leading Medical Experts Sign an Open Letter Urging the FDA to Approve First-Ever Drug to Treat Women's Most Common Form of Sexual Dysfunction, notes Even the Score 260+ Doctors and Leading Medical Experts Sign an Open Letter Urging the FDA to Approve First-Ever Drug to Treat Women's Most Common Form of Sexual Dysfunction, notes Even the Score 3Wound Care Market Worth $18.3 Billion by 2019 2Wound Care Market Worth $18.3 Billion by 2019 3Inovio Pharmaceuticals to Host Second Quarter 2014 Financial Results Call on August 11, 2014 2Inovio Pharmaceuticals to Host Second Quarter 2014 Financial Results Call on August 11, 2014 3
    ... EAU study conducted with University of Pennsylvania shows ... different approaches,are being used to increase milk production ... at the University of Pennsylvania School of,Veterinary Medicine ... technology created by EAU Technologies, has the potential ...
    ... study to commence late this year, ... (ASX:,CYT) has selected CYT387, a selective and ... treat myeloproliferative disorders (MPDs). This,follows extensive laboratory ... in an in-vivo model of myeloproliferative,disease., ...
    Cached Medicine Technology:Increasing Dairy Milk Production with Electrolyzed Drinking Water 2Increasing Dairy Milk Production with Electrolyzed Drinking Water 3Increasing Dairy Milk Production with Electrolyzed Drinking Water 4Increasing Dairy Milk Production with Electrolyzed Drinking Water 5Cytopia Nominates JAK2 Clinical Candidate for Myeloproliferative Disorders 2Cytopia Nominates JAK2 Clinical Candidate for Myeloproliferative Disorders 3
    (Date:8/1/2014)... 01, 2014 As AndroGel lawsuits and ... Ronald E. Johnson, Jr. has been appointed as co-lead ... other testosterone medications. Since the Fall of 2013, Ron ... worked diligently to investigate and prosecute the claims of ... blood clots as a result of taking testosterone. As ...
    (Date:8/1/2014)... (PRWEB) August 01, 2014 Growing ... coverage and healthcare reforms are boosting healthcare market ... medicines through discounts and increasing generic consumption is ... approximately 76.7 million in 2013, having grown at ... from 2008. The implementation of the Health Transformation ...
    (Date:8/1/2014)... The "Antimicrobial Coatings Market by Type (Silver, Copper, ... and Zinc Omadine), Application (Indoor air/HVAC, Medical, Mold ... and others), & Geography (North America, Europe, Asia-Pacific, ... 2018" analyzes the Antimicrobial Coatings Market with respect ... diverse geographical regions. , Browse 49 market data ...
    (Date:8/1/2014)... According to new market research report "Automotive ... Europe, & ROW), by Vehicle Type (Passenger Cars, ... Diesel), by After-Treatment Device (DPF, DOC, SCR, TWC, ... 2019", defines and segments the global automotive exhaust ... in all the regions, and estimates their exhaust ...
    (Date:8/1/2014)... August 1, 2014 The Cardiovascular Research ... first report investigations that will be presented at ... symposium. TCT, the world,s premier educational meeting specializing ... 13 17, 2014 at the Walter E. ... research data presented at TCT often direct the ...
    Breaking Medicine News(10 mins):Health News:Ron Johnson Named Co-Lead Counsel in Lawsuits for Men Injured by AndroGel and Testosterone 2Health News:Turkey Pharmaceutical and Medical Device Market Worth $21.5B & $3.3B by 2020 Respectively, Says a Report Available at MarketOptimizer.org 2Health News:Turkey Pharmaceutical and Medical Device Market Worth $21.5B & $3.3B by 2020 Respectively, Says a Report Available at MarketOptimizer.org 3Health News:Turkey Pharmaceutical and Medical Device Market Worth $21.5B & $3.3B by 2020 Respectively, Says a Report Available at MarketOptimizer.org 4Health News:Antimicrobial Coatings Market Projected to Reach $2.9 Billion by 2018 – Report by MarketsandMarkets 2Health News:Antimicrobial Coatings Market Projected to Reach $2.9 Billion by 2018 – Report by MarketsandMarkets 3Health News:Antimicrobial Coatings Market Projected to Reach $2.9 Billion by 2018 – Report by MarketsandMarkets 4Health News:Automotive Exhaust Systems Market Will Be $33,379.7 Million by 2019 – New Report by MarketsandMarkets 2Health News:Automotive Exhaust Systems Market Will Be $33,379.7 Million by 2019 – New Report by MarketsandMarkets 3Health News:Automotive Exhaust Systems Market Will Be $33,379.7 Million by 2019 – New Report by MarketsandMarkets 4Health News:CRF announces late-breaking trials and first report investigations for TCT 2014 2Health News:CRF announces late-breaking trials and first report investigations for TCT 2014 3Health News:CRF announces late-breaking trials and first report investigations for TCT 2014 4
    ... , , , WASHINGTON, Aug. ... of the health community in mourning the loss of Senator Edward ... causes, particularly the medically underserved. His work in advancing medical innovation ... America,s ability to invest in cures for illnesses that affect patients ...
    ... , WEDNESDAY, Aug. 26 (HealthDay News) -- Two new European ... use for diagnosing possible heart attacks in emergency room patients, ... 27 issue of the New England Journal of Medicine ... damaged heart cells. Standard practice in most hospitals now calls ...
    ... the growth of human colon cancer cells, preventing the disease ... The research, published today in EMBO Molecular Medicine , ... growth of tumours, metastatic lesions and cancer stem cells, the ... Colon cancer often begins in a treatable form when ...
    ... , , NASHVILLE, Tenn., Aug. ... for the Community" campaign as Nashville Mayor Karl Dean, HCA CEO ... attended the 2009 kickoff event for the corporate office,s employee giving ... (Logo: http://www.ne w s com.com/cgi-bin/prnh/20050825/CLTH069LOGO ...
    ... , , , ... Health Record Association (EHR Association) responded with enthusiasm to the ... nearly $1.2 billion to help hospitals and health care providers ... of the continued implementation of the healthcare IT provisions of ...
    ... ... Generation and Gender Impact Physician Engagement", , ... Charlotte, NC (Vocus) August 26, 2009 -- Morehead , the human capital ... Engagement." The free hour-long webinar will be broadcast on Wednesday, September 16, 2009 at ...
    Cached Medicine News:Health News:Council for American Medical Innovation Honors Health Champion Senator Edward M. Kennedy 2Health News:Council for American Medical Innovation Honors Health Champion Senator Edward M. Kennedy 3Health News:Newer, Better Tests for Heart Attacks 2Health News:Newer, Better Tests for Heart Attacks 3Health News:'Hedgehog' pathway may hold key to anti-cancer therapy 2Health News:HCA Kicks Off 2009 'Caring for the Community' Campaign 2Health News:HIMSS Electronic Health Record Association Applauds Federal Support of EHR Implementation for Hospitals and Physician Practices 2Health News:HIMSS Electronic Health Record Association Applauds Federal Support of EHR Implementation for Hospitals and Physician Practices 3Health News:Morehead Presents Webinar on 'He Said…She Said: How Gender Differences Impact Physician Engagement' 2
    ... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
    ... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
    ... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
    ... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
    Medicine Products: