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MGC Diagnostics Corporation Reports Fourth Quarter and Fiscal Year 2012 Operating Results

l Liabilities and Shareholders' Equity$
20,772MCG DIAGNOSTICS CORPORATION AND SUBSIDIARIESConsolidated Statements of Comprehensive Income (Loss)(Unaudited in thousands, except per share amounts)Three Months Ended October 31,Year Ended October 31,2012201120122011RevenuesEquipment, supplies and accessories revenues$
22,912Service revenues1,1311,1574,3194,0908,2327,89327,15827,002Cost of revenuesCost of equipment, supplies and accessories revenues3,3383,10810,90210,316Cost of service revenues3593501,4451,3913,6973,45812,34711,707Gross margin4,5354,43514,81115,295Operating expenses:Selling and marketing2,4711,8288,0296,758General and administrative1,1581,0564,1464,299Research and development7918523,2463,239Amortization of intangibles1081054374204,5283,84115,85814,716Operating income (loss)7594(1,047)579Interest income21921Income (loss) from continuing operations before taxes9595(1,038)600Provision for taxes4102540Income (loss) from continuing operations5585(1,063)560Discontinued operations(Loss) income from operations of discontinued operations(31)(194)246(712)Gain on sale of discontinued operations816-816-Income (loss) from discontinued operations785(194)1,062(712)Net income (loss)790391(1)(152)Other comprehensive loss; net of taxUnrealized loss on securities-(2)(2)(5)Comprehensive income (loss)$
(157)Income (loss) per share Basic  From continuing operations$
.15  From discontinued operations$
(0.04) Diluted  From continuing operations$
.15  From discontinued operations$
(0.04) Weighted average common shares outstandingBasic3,8853,7673,8283,767Diluted3,9293,8293,8283,842MCG DIAGNOSTICS CORPORATION AND SUBSIDIARIESConsolidated Statements of Cash Flows(In thousands)Year
SOURCE MGC Diagnostics Corporation
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