Navigation Links
AMICAS Reports Financial Results for the First Quarter Ended March 31, 2008


Stock Repurchase: During the fourth quarter of 2007, the Board of

Directors directed the Company to initiate a $25 million stock repurchase

plan. The Company repurchased approximately 1,681,000 shares of its common

stock for approximately $4.5 million in the first quarter of 2008. The

Company has repurchased approximately 1,982,000 shares for approximately

$5.3 million in total under this program. Under a previously authorized

stock repurchase plan, during 2006, the Company repurchased 4.5 million

shares of its common stock for approximately $15.0 million, the total

amount authorized by the AMICAS Board of Directors under the prior plan.

Pro-forma EBITDA: Pro-forma EBIDTA, a non-GAAP financial measure, was

$33,000 in the first quarter of 2008 as compared to $549,000 in the first

quarter of 2007.

"Pro-forma EBITDA," refers to net income, adjusted for amortization,

depreciation, interest, taxes, and stock compensation expense. A

reconciliation of net (loss) income determined under GAAP to pro-forma

EBITDA is included below. Management believes that its pro-forma EBITDA

measurement, when viewed in addition to the Company's reported GAAP

results, provides an additional meaningful measure of operating

performance, enabling investors to more thoroughly evaluate current

performance in comparison to past performance. This information will

necessarily differ from comparable information that may be provided by

other companies and should not be considered in isolation or as an

alternative to the Company's operating and other financial information

determined under GAAP.

Business Perspective

Dr. Stephen Kahane, president, chief executive officer, and chairman of AMICAS, said, "We have continued to maintain positive cash flow from operations while building our business through significant investments in both innov

Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related biology technology :

1. AMICAS to Present at CIBC World Markets 18th Annual Healthcare Conference
2. LeMaitre Vascular Reports Q1 2008 Revenue of $11.8 Million, a 20% Increase
3. Anadys Pharmaceuticals Reports First Quarter 2008 Financial Results and Highlights
4. Neurobiological Technologies Reports Receipt of $2.0 Million Royalty Payment for Quarterly Sales of Memantine
5. Alexion Reports First Quarter 2008 Results
6. Masimo Reports First Quarter 2008 Financial Results
7. Cardium Reports on Science Channel Series Featuring InnerCools Endovascular Cooling During Brain Surgery at Stanford University
8. Cynosure Reports 41% Revenue Increase: 10th Consecutive Quarter of Revenue Growth
9. SuperGen Reports 2008 First Quarter Financial Results
10. Emisphere Reports Receipt of Notification from NASDAQ Regarding Non-Compliance with Continued Listing Requirements
11. Gen-Probe Reports Strong Financial Results for First Quarter 2008, Raises Full-Year Guidance
Post Your Comments:
(Date:10/8/2015)... ... 08, 2015 , ... Cystic fibrosis (CF) is a genetic ... and results in dysfunction of the lungs and the gastrointestinal (GI) tract. In ... is very difficult to clear, blocks the airways and the glands, and creates ...
(Date:10/7/2015)... Worth, Texas (PRWEB) , ... October 07, 2015 ... ... Cell Institute ( ) will present a public educational seminar on the ... on Saturday, October 10th from 1:00 pm – 3:00 pm at the Hilton ...
(Date:10/7/2015)... Oct. 7, 2015  October is National Liver Awareness Month ... to donating a portion of its October profits to ... practices. ... variety of ways; whether it is by providing the ... with researchers in different disease and investigation areas, or ...
(Date:10/7/2015)... ... October 07, 2015 , ... ReliantHeart, ... S. Russel Craig of Spectral Platforms, and Michael Ward of Wrenward Medical Systems ... and consulting experience. Currently he is Executive Vice President of Strategic Relationships and ...
Breaking Biology Technology:
... Mass. and TORONTO, Sept. 15, 2011 Generex ... provided an update on the status of the ... Express, Inc. ( ). The ... and comprehensive review of several transaction opportunities, including ...
... EvaluatePharma Ltd, the research company, is delighted to announce the ... in Tokyo, EvaluatePharma Japan KK will be ideally placed to ... is a very important market for us.  We have managed ... distance, but it is now time for us to show ...
... 2011 The New York Stem Cell Summit is releasing ... the press and the general public understand more accurately the ... the United States today. Approximately 1 million patients ... mid-1980s in the United States. Harvesting stem ...
Cached Biology Technology:
(Date:9/26/2015)... , Sept. 26th, 2015  Results of ... will be unveiled today at the Stanford Medicine ... Engagement Using iPad Dashboards, Connected Health Devices and ... of Pharmacy 3.0, will explain how senior patients ... data to their pharmacist via the TactioRPM remote ...
(Date:9/10/2015)... Report Details Emerging Biological ... and Revenue Prospects to Help You Stay Ahead ... new drug classes? Get the latest technological and ... market data and industry knowledge, benefitting your influence. ... and sales predictions. Visiongain,s new study reveals ...
(Date:9/9/2015)... 2015  NuData Security announced today that it ... the company,s commitment to protecting organizations and individuals ... NuData Security,s online fraud detection solution, NuDetect, has ... The product combines continual analysis and behavioral biometrics ... from fraudulent behavior, allowing the company to detect ...
Breaking Biology News(10 mins):
... the results of a field survey from the island of ... of Sumatran rhinos, but a small group continues to survive ... tracts of rain forest. , The survey found evidence ... Malaysian state of Sabah in northeast Borneo. It was conducted ...
... as "bird flu," is a highly contagious and deadly disease ... limited, with 177 documented severe infections, and nearly 100 deaths ... of March 14, 2006, according to the World Health Organization ... H5N1 virus in poultry and wild birds, further human cases ...
... mechanism of nerve cell growth by identifying novel functions for ... the March issue of Nature Cell Biology. , As nerve ... growth cones, highly flexible extensions that act as environmental sensors. ... of the nerve cells and it has long been known ...
Cached Biology News:
Collected from sexually mature mice....
Collected from 8-12 week-old New Zealand or Californian rabbits.,Supplied in lyophilized form....
Biology Products: