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MedCath Corporation Reports First Quarter Earnings
Date:2/7/2008

idated affiliates 2,025 1,438

Total other expenses, net (835) (7,775)

Income from continuing operations

before minority interest and income taxes 10,586 2,955

Minority interest share of earnings

of consolidated subsidiaries (4,736) (2,480)

Income from continuing operations

before income taxes 5,850 475

Income tax expense 2,595 221

Income from continuing operations 3,255 254

Loss from discontinued operations,

net of taxes (191) (5,150)

Net income (loss) $3,064 $(4,896)

Earnings (loss) per share, basic

Continuing operations $0.15 $0.01

Discontinued operations (0.01) (0.25)

Earnings (loss) per share, basic $0.14 $(0.24)

Earnings (loss) per share, diluted

Continuing operations $0.15 $0.01

Discontinued operations (0.01) (0.25)

Earnings (loss) per share, diluted $0.14 $(0.24)

Weighted average number of shares, basic 21,028 20,121

Dilutive effect of stock options

and restricted stock 263 -

Weighted average number of shares, diluted 21,291 20,121

MEDCATH CORPORATION

SELECTED OPERATING DATA

(In thousands, except per share data and selected operating data)

(Unaudited)

Three Months Ended December 31,


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SOURCE MedCath Corporation
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