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AMICAS Reports Financial Results for the First Quarter Ended March 31, 2008
Date:4/30/2008

on and benefits 1,253 1,451

Deferred revenue 10,828 10,375

Total current liabilities 19,207 18,920

Unrecognized tax benefits 1,160 1,275

Commitments and contingencies

Stockholders' equity:

Preferred stock $.001 par value; 2,000,000

shares authorized; none issued - -

Common stock $.001 par value, 200,000,000

shares authorized, 51,372,862 and 51,296,823

issued, respectively 51 51

Additional paid-in capital 229,670 229,056

Accumulated other comprehensive income 180 60

Accumulated deficit (98,945) (98,478)

Treasury stock, at cost, 8,505,320 and

6,824,192 shares (27,036) (22,443)

Total stockholders' equity 103,920 108,246

Total Liabilities and Stockholders' Equity $124,287 $128,441

Condensed Consolidated Statements Of Operations

(Unaudited)

(in thousands, except per share data)

Three Months Ended

March 31,

2008 2007

Revenues

Maintenance and services $9,753 $9,208

Software licenses and system sales 3,035 3,225

Total revenues 12,788 12,433

Costs and expenses

Cost of revenues:

Maintenance and services (a) 4,269 3,992

Softwa
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SOURCE AMICAS, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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