Navigation Links
MGT Capital Investments Reports Third Quarter 2008 Financial Results and Provides Update on Recent Developments
Date:11/10/2008

penses of $5.0 million in the comparable period for 2007.

For the nine months ended September 30, 2008 our revenues from operations were $257,000 compared to $12,000 for the prior year period of September 30, 2007. Total operating expenses for the nine months ended September 30, 2008 were $21.1 million, compared to total operating expenses of $14.1 million in the comparable period for 2007.

For the quarter ended September 30, 2008, net loss was $1.3 million, or $(0.04) per share, compared to a net loss of $2.5 million, or $(0.06) per share, for the same period in 2007. Net loss per share for the quarter ended September 30, 2008 was based on a weighted average of 32.6 million shares outstanding, compared to a weighted average of 38.9 million shares outstanding for the comparable period in 2007.

For the nine months ended September 30, 2008, net loss was $10.2 million, or $(0.28) per share, compared to a net loss of $9.8 million, or $(0.25) per share, for the same period in 2007. Net loss per share for the nine months ended September 30, 2008 was based on a weighted average of 36.7 million shares outstanding, compared to a weighted average of 38.9 million shares outstanding for the comparable period in 2007.

As of September 30, 2008, cash, cash equivalents and marketable securities were $55.2 million compared to $94.6 million at December 31, 2007. The decrease in cash balance is primarily attributable to the Company's repurchase of its common stock and the purchase of shares in Medicsight in addition to funding of business operations.

About MGT Capital Investments, Inc.

MGT Capital Investments, Inc is a technology holding company that focuses on investments in the global healthcare information technology market. The Company has two subsidiaries, Medicsight and Medicexchange PLC ("Medicexchange").

Medicsight PLC (AIM: MDST) is a leading developer of computer-aided detection (CAD) and image analysis software for the medica
'/>"/>

SOURCE MGT Capital Investments, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Sagent Pharmaceuticals Announces Presentations at Upcoming Lazard Capital Markets and Piper Jaffray Healthcare Conferences
2. Masimo to Present at Lazard Capital Markets 5th Annual Healthcare Conference
3. Capital BlueCross Adds Dental Plan to Product Portfolio
4. Capital BlueCross Acquires Dominion Dental
5. Capital BlueCross Formalizes Leadership Team; Elects Lehr President and CEO
6. Highland Capital Partners Expands Healthcare Team
7. The National Kidney Foundation of the National Capital Areas 28th Annual Kidney Ball Featuring Entertainment by The Doobie Brothers
8. Trident Capital and Mustang Ventures Lead Series A Investment in Profex, Inc.
9. Integrity Capital Partners Ranked 2nd Fastest Growing Insurance Related Company in US by Inc. Magazine
10. BioImagene Raises $26 M in Expansion Capital
11. Zix Corporation to Present to Investors at RBC Capital Markets Technology, Media and Communications Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/20/2014)... 21, 2014 Medical Alert Systems, ... reviews of some of the most popular medical alert ... to announce that it is now offering special deals ... who are on a fixed income but would like ... comes as very welcome news. , As a company ...
(Date:8/20/2014)... August 21, 2014 iFitDress.com, the well-known ... range of cheap evening gowns . All ... of them are priced under $100. , iFitDress.com ... market. It keeps trying its best to help clients ... all its members are kind and professional. According to ...
(Date:8/20/2014)... (PRWEB) August 20, 2014 Today, ... announced the publication of a new eBook, Affordable ... many small business owners feel uncertain about how ... family, and their bottom line. , The new ... and helps businesses navigate their upcoming health insurance ...
(Date:8/20/2014)... Dennis Thompson HealthDay Reporter ... birth rates fell dramatically during the past two decades, plummeting ... government report shows. An estimated 4 million fewer births ... to researchers from the U.S. Centers for Disease Control and ... me from the report," said Bill Albert, chief program officer ...
(Date:8/20/2014)... An imaging study of chronic users of codeine-containing ... regions of brain white matter and associates these ... , Researchers used diffusuion tensor imaging (DTI) (an ... investigate the white matter integrity of chronic CCS ... the brain, including the inferior fronto-occipital fasciculus, which ...
Breaking Medicine News(10 mins):Health News:Medical Alert Systems Website Now Offering Special Prices on the Popular Medical Guardian Product 2Health News:Medical Alert Systems Website Now Offering Special Prices on the Popular Medical Guardian Product 3Health News:iFitDress.com Releases a New Range of Cheap Evening Gowns 2Health News:Teen Birth Rate Has Dropped Dramatically in Last Two Decades: CDC 2Health News:Teen Birth Rate Has Dropped Dramatically in Last Two Decades: CDC 3
... Osteoarthritis is commonly diagnosed in the late and irreversible ... pain and slow progression of disease. Because osteoarthritis is ... and veterinarians need a precise way to diagnose the ... are investigating potential biomarkers in dogs for early diagnosis ...
... , -- New Tissue Dissection System Used by Italian Surgeons ... , PALO ALTO, Calif., June 10 PEAK Surgical, ... System by surgeons in the European Union, where the innovative ... , , Dr. Raul Pellini and Prof. Giuseppe Spriano, ...
... House will help eliminate barriers that discourage doctors from ... 10 Late yesterday U.S. Senators Arlen Specter (PA) ... access to life-saving diagnostic tests for patients who might ... Tests Act (S. 1220) will eliminate the complicated Medicare ...
... Canadian Hospital Specialties, to release EchoStim(R) and EchoBlock(R) ... CINCINNATI, June 10 Havel,s Incorporated, a Cincinnati-based ... CHS, Canadian Hospital Specialties, which will become the ... Needles throughout Canada. , , Canadian Hospital ...
... to Program Would Increase Threat of Disease , , PHILADELPHIA, ... Protection Secretary John Hanger today asked Pennsylvanians to make every effort ... Virus. , , Hanger said standing water can quickly become ... the simple rule of dump it, drain it and treat it. ...
... WALTHAM, Mass., June 10 Millennium Research Group (MRG), ... that despite the economic downturn, market growth in the ... increased colorectal cancer (CRC) screening programs in France, Germany, ... released European Markets for GI Endoscopy Devices 2009 ...
Cached Medicine News:Health News:Early detection of osteoarthritis in dogs could open doors for a cure 2Health News:PEAK Surgical Announces First Use of PEAK PlasmaBlade(TM) in Europe 2Health News:PEAK Surgical Announces First Use of PEAK PlasmaBlade(TM) in Europe 3Health News:PEAK Surgical Announces First Use of PEAK PlasmaBlade(TM) in Europe 4Health News:Legislation Will Expand Access to Life-Saving Laboratory Tests 2Health News:Havel's Incorporated Expands Successful EchoStim(R) Ultrasound Needles into Canada 2Health News:DEP Asks Pennsylvanians to Help Battle West Nile Virus 2Health News:DEP Asks Pennsylvanians to Help Battle West Nile Virus 3Health News:Screening Programs to Drive European GI Videoscope Market Despite Economic Downturn, According to Millennium Research Group 2Health News:Screening Programs to Drive European GI Videoscope Market Despite Economic Downturn, According to Millennium Research Group 3
(Date:8/20/2014)... 2014 Reportlinker.com announces that a ... its catalogue: Personal Accident and ... Opportunities to 2018 ... provides in depth market analysis, information and ... health insurance segment, including: - The French ...
(Date:8/20/2014)... Aug. 20, 2014 Children aren,t the ... vaccinations to help prevent disease. The Centers for ... all adults, but currently, many adults are not ... National Immunization Awareness Month, and the American Lung ... especially those with lung disease, to talk with ...
(Date:8/20/2014)... -- Research and Markets has announced ... Care and Closure Market (Types, Applications, End User ... Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation ... their offering. The new report ... (types, applications, end user and geography) - Size, ...
Breaking Medicine Technology:Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 2Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 3Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 4Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 5Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 6Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 7Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 8Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 9Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 10Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 11Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 12Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 13Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 14Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 15Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 16Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 17Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 18Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 19Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 20Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 21Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 22Personal Accident and Health Insurance in France, Key Trends and Opportunities to 2018 23American Lung Association Urges Adults with Lung Disease to Consult their Health Care Provider to Stay Current on Vaccinations 2American Lung Association Urges Adults with Lung Disease to Consult their Health Care Provider to Stay Current on Vaccinations 3Global Advanced Wound Care and Closure Market (Types, Applications, End User and Geography) - Forecast to 2020 2
... Woodbury Health Products ("Woodbury"), a portfolio company of HealthEdge ... completed the acquisition of Wilmington Medical Supply Inc. ("WMS"). ... in 1993, WMS is a distributor of home medical ... sterile kits.  With a client base of over 700 ...
... 12 Incept BioSystems, Inc. ("Incept"), a privately-held biomedical ... University of Michigan, announced today the completion of the ... Start ™ Embryo Culture System, and the recent ... & Drug Administration ("FDA").  A decision as to market ...
Cached Medicine Technology:WPI Holdings Acquires Wilmington Medical Supply Inc. 2Incept BioSystems Completes First Human Clinical Trial of the SMART Startâ„¢ Embryo Culture System and Submits 510(k) Application to the FDA 2Incept BioSystems Completes First Human Clinical Trial of the SMART Startâ„¢ Embryo Culture System and Submits 510(k) Application to the FDA 3
Portex® Blue Line® cuffed endotracheal tubes come in a wide selection of sizes, each with a standard 15 mm ISO connector., ,Portex® Blue Line® endotracheal tubes are recognized world...
... oral. Marked with recommended tube size ... Graduated. Single use. For improved surgical ... the tube by incorporating a preformed ... anatomical situation at body temperature. AGT ...
... Ruschelit® PVC. Murphy eye-oral. High volume/low ... Oral Cuffed Single use. For improved ... of the tube by incorporating a ... cuff. Thermosensitive Ruschelit® PVC adapts to ...
Ruschelit® PVC. Siliconized. Stainless steel spiral reinforced. Murphy eye. High volume/low pressure cuff. Connector is permanently fixed into the tube. X-ray opaque. Graduated. Single use. Steri...
Medicine Products: