CRH Medical reports Q1 2008 results (Revenue: Center operations ...)

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CRH Medical reports Q1 2008 results

Date:5/29/2008

Revenue:

Center operations $ 1,293,568 $ 452,917

Product sales 53,874 53,137

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1,347,442 506,054

Expenses:

Center operations and development 1,545,417 1,168,543

Medical products 71,596 57,646

Corporate and other 613,632 447,580

Depreciation and amortization 87,267 64,666

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2,317,912 1,738,435

Operating loss (970,470) (1,232,381)

Other items:

Interest income 20,798 42,026

Foreign exchange gain (loss) (9,686) 13,316

Other income 620 -

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11,732 55,342

Net loss and comprehensive loss (958,738) (1,177,039)

Basic and diluted loss per share $ (0.02) $ (0.03)

Weighted average shares outstanding 44,724,251 40,302,684

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About CRH Medical Corporation:

CRH Medical Corporation is utilizing the first single use, patented, disposable, hemorrhoid banding system through its Center for Colorectal Health facilities. According to the National Institute of Health approximately 50% of the U.S. populatio
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SOURCE CRH Medical Corporation
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