Navigation Links
BPO Management Services Announces Financial Results for Fourth Quarter and Full Year 2008
Date:4/1/2009

s. Excluding non-cash expenses, the loss from operations for the full year period was $2.8 million from $3.8 million in the year-ago period. The net loss for the full year 2008 was $18.1 million, or $(5.74) per basic and fully diluted share (based on 3.2 million shares) compared to a net loss of $5.9 million, or $(0.67) per basic and fully diluted share (based on 9.5 million shares).

Fourth Quarter 2008 Financial Results

For the fourth quarter, total revenue decreased 4.9% to $7.1 million from $7.5 million for the same period last year. The change was due to decreases in the ECM and HRO business segments offset by a 25.5% increase in ITO revenue. ECM revenue reduction was a result of the recent decline in value of the Canadian dollar vs. the U.S. dollar and greater focus on higher margin opportunities yielding improved bottom-line performance. HRO experienced a revenue decline as the Company shifts focus from one-time licensing fees to growing Software as a Service, recurring revenue contracts generating long-term customer relationships Total operating expenses for the quarter were $20.5 million, an increase of 105.6% compared to total operating expenses of $10.0 million during the fourth quarter last year. Included in the operating expenses was a 36.5% increase in cost of services provided, reflecting a spike in short-term migration expenses as new ITO service contracts are migrated into the BPOMS processing environment. The loss from operations for the quarter increased to $13.4 from $2.5 million in the prior-year fourth quarter. Included in the operating loss was a one-time, non-cash charge for the impairment of goodwill totaling $10.6 million, as well as depreciation and amortization and share-based compensation, which in aggregate totaled $12.0 million for the fourth quarter of 2008 and $2.5 million for the fourth quarter of 2007. Excluding these non-cash expenses, the Company's operating loss was $1.4 million during the fourth
'/>"/>

SOURCE BPO Management Services, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Director of Healthcare Solutions Appointed to Guide Workforce Management Initiatives for Hospitals and Long Term Care Facilities
2. Mercy Regional Medical Center Selects Management Health Solutions, Inc. for Inventory Services
3. Covance Experts to Present Key Insights on Risk Management at Bio/Pharmaceutical Drug Safety Forum
4. Axsium Group Launches Workforce Management Practice for Healthcare Industry
5. Best Practice Database Adds Research Highlighting the Value of Portfolio Management in Early-Stage Commercialization and Customer-Focused Software Quality Assurance
6. iMedica Partners With Colorado Medical Society To Offer Electronic Health Record, Practice Management Solutions
7. Nations Largest Home Care Provider Welcomes New Management Team to San Francisco Office
8. SingaporeMedicine Highlights Singapore's Advanced Pain Management Techniques
9. KMSI Announces KMx Update That Provides eLearning, Knowledge Management and Collaboration Tools for Apple iPhone and Other Mobile Devices
10. QHR Management Client Hancock Medical Center Named Mississippi Hospital of the Year
11. InSight Health Services Holdings Corp. and Perot Systems Corporation Announce Seven-Year Revenue Cycle Management Agreement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/1/2015)... ... July 01, 2015 , ... A healthy eating plan ... and eggs. Eating organic foods and products can help limit the exposure to ... than production chicken farming. Choosing home raised chickens and eggs that do not ...
(Date:7/1/2015)... , ... July 01, 2015 , ... ... global cancer enterprise of Hospital Corporation of America (HCA), as it further expands ... OncLive announced today. , With this new partnership, OncLive’s editorial and marketing ...
(Date:7/1/2015)... Springs, Colorado) , ... - (PRWEB) July 01, 2015 , ... ... hosting a nationwide virtual 5K on August 15-16th (MSG Keys’ birthday) in memory of ... Keys, a highly decorated soldier and recipient of the Bronze Star Medal, died during ...
(Date:7/1/2015)... Louisville, KY (PRWEB) , ... July 01, 2015 ... ... Health Care Transformation Task Force, contributing to newly released white paper: “Pro-actively Identifying ... The paper was published July 1st and is available at: http://www.hcttf.org/resouces-tools . ...
(Date:7/1/2015)... ... July 01, 2015 , ... A ... just published a top ten list they hope will guide future mesothelioma research. ... to read it now. , More than 450 mesothelioma patients, caregivers, ...
Breaking Medicine News(10 mins):Health News:Chicken Coop Condo Offer New Chicken Coop Designs 2Health News:OncLive® Welcomes Sarah Cannon Cancer Network to Its Strategic Alliance Partnership Program 2Health News:OncLive® Welcomes Sarah Cannon Cancer Network to Its Strategic Alliance Partnership Program 3Health News:Wife of Fallen Special Forces Soldier to Host Nationwide ‘Virtual 5K’ for Charity 2Health News:Wife of Fallen Special Forces Soldier to Host Nationwide ‘Virtual 5K’ for Charity 3Health News:A Population Based Approach to Pay for Value: RowdMap, Inc. Contributes to Health Care Transformation Task Force White Paper 2Health News:A Population Based Approach to Pay for Value: RowdMap, Inc. Contributes to Health Care Transformation Task Force White Paper 3Health News:New Report Identifies Top 10 Mesothelioma Research Priorities, According to Surviving Mesothelioma 2
... Healthcare ... (PHI). The Health Information Technology for Economic and Clinical Health (HITECH) Act ups the ... solutions lend necessary expertise, manage compliance and allow the facility to maintain focus on ... ...
... , ... its international doctors meet or exceed all required qualifications and language competency. ... London, UK (PRWeb UK) June ... companies, today welcomed the British Medical Association ’s calls for a review of the ...
... ... presents beautiful diamond jewelry ornaments at wholesale prices directly to the public. ... (PRWEB) June 30, ... diamond watches presents beautiful Diamond Jewelry Accessories at wholesale prices directly to ...
... ... all 10 of its facilities in the Chicago area. OnShift enabled the company to reduce ... ... developers of nurse scheduling and employee communication software, recently announced it had been selected by ...
... at any point over the life course (teenage, age 30, age ... compared to those who are inactive, but teenage physical activity appears ... study of over nine thousand women published today in the ... growing evidence to suggest that people who are physically active in ...
... Researchers have been trying to determine the best strategy for ... recent meta-analysis shows that there is no one single intervention ... 29 in The Journal of the National Cancer Institute. ... reduce breast cancer mortality in women between the ages of ...
Cached Medicine News:Health News:Kroll Fraud Solutions' New HITECH Hotline Eases Burden of Data Breach Notification for Healthcare 2Health News:Kroll Fraud Solutions' New HITECH Hotline Eases Burden of Data Breach Notification for Healthcare 3Health News:Kroll Fraud Solutions' New HITECH Hotline Eases Burden of Data Breach Notification for Healthcare 4Health News:HCL Supports Reform of Language Testing for International Doctors 2Health News:HCL Supports Reform of Language Testing for International Doctors 3Health News:ItsHot.com Presents Aesthetic Diamond Jewelry and Diamond Watches at Wholesale Prices 2Health News:ItsHot.com Presents Aesthetic Diamond Jewelry and Diamond Watches at Wholesale Prices 3Health News:Lexington Health Care Chooses OnShift for Nurse Scheduling and Employee Communications in all Facilities 2Health News:Lexington Health Care Chooses OnShift for Nurse Scheduling and Employee Communications in all Facilities 3Health News:Teenage physical activity reduces risk of cognitive impairment in later life 2Health News:Interventions to promote repeat breast cancer screening with mammography 2
(Date:7/1/2015)... , July 1, 2015 According ... Equipment Market by Method (Biochemical (Calcium Phosphate, Lipofection, Dendrimers), ... - Analysis & Global Forecast to 2020", published by ... to reach around $957.9 Million by 2020 with a ... Browse 116 market T ables and 33 ...
(Date:7/1/2015)... , July 1, 2015  Celsion Corporation (NASDAQ: ... announced that Michael H. Tardugno , Chairman, President ... Fitzgerald,s Inaugural Healthcare Conference on Wednesday, July 8, 2015, ... at Le Parker Meridien Hotel located at 119 W. ... 10019. A copy of the presentation will ...
(Date:7/1/2015)... July 1, 2015 Radiant Insights ... Stationary Oxygen Concentrators Market Shares, Strategy, and Forecasts, ... achieve continuing growth as the aging population worldwide needs ... respiratory conditions where oxygen is able to improve the ... devices have become affordable and support a mobile lifestyle ...
Breaking Medicine Technology:Transfection Reagents and Equipment Market Worth $957.9 Million by 2020 2Transfection Reagents and Equipment Market Worth $957.9 Million by 2020 3Transfection Reagents and Equipment Market Worth $957.9 Million by 2020 4Celsion Corporation to Present at Cantor Fitzgerald's Inaugural Healthcare Conference on July 8, 2015 2Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc. 2Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc. 3Stationary Oxygen Concentrators Market to Reach $2 Billion by 2021: Radiant Insights, Inc. 4
... infectious disease ELISA products make us a ... protocols for faster integration into the busy ... increased reliability and run-to-run consistency. Our Infectious ... for a wide range of serological assays ...
... Our breadth of infectious disease ELISA ... field. With standard assay protocols for faster ... Disease ELISA products provide increased reliability and ... includes antibody detection assays for a wide ...
... Our breadth of infectious disease ELISA ... field. With standard assay protocols for faster ... Disease ELISA products provide increased reliability and ... includes antibody detection assays for a wide ...
... Our breadth of infectious disease ELISA products ... With standard assay protocols for faster integration ... ELISA products provide increased reliability and run-to-run ... antibody detection assays for a wide range ...
Medicine Products: