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NightHawk Radiology Holdings, Inc. Announces Fourth Quarter and Full-Year 2007 Results; Updates 2008 Guidance
Date:2/13/2008

29,878

Change in fair value of

redeemable preferred

stock conversion

feature

Total other income

(expense) (1,561,904) 1,029,169

Income (loss) before

income taxes 4,565,107 3,659,149

Income tax expense 1,504,757 1,452,181

Net income (loss) 3,060,350 2,206,968

Redeemable preferred stock

accretion

Income (loss) applicable to

common stockholders $3,060,350 $2,206,968

Earnings (loss) per common

share:

Basic $0.10 $0.07

Diluted $0.10 $0.07

Weighted averages of common shares

outstanding:

Basic 30,260,996 29,912,134

Diluted 31,319,605 30,817,311

Year Ended December 31,

2007 2006

Service revenue $151,662,042 $92,168,246

Operating costs and expenses:

Professional services

(includes non-cash

compensation expense of

$862,328, $1,553,248,

$4,429,358 and $4,886,678) 63,617,406 38,963,287

Sales, general, and

administrative (includes

non-cash compensation

expense of $4,758,207,

$412,943, $10,601,004

and $1,073,455) 54,018,090 27,607,317

Depreciation and amortization 7,899,256 2,198,714

Total operating costs

and expenses 125,534,752 68,769,318

Operating income 26,127,290
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SOURCE NightHawk Radiology Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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