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Patient Safety Technologies Reports Third Quarter 2008 Results
Date:11/24/2008

gain (loss) assets held for sale, net - - (25) 22 Unrealized loss on assets held for sale, net - - (65) - Other income 36 - 35 - Total other income (expense) 1,640 (810) 1,206 (1,392) Income (loss) from continuing operations before income taxes 191 (1,931) (3,843) (5,043) Income tax provision 33 29 98 88 Income (loss) from continuing operations 224 (1,901) (3,744) (4,955) Loss from discontinued operations - (19) - (166) Net income (loss) 224 (1,920) (3,745) (5,121) Preferred dividends (19) (19) (57) (57) Net income (loss) applicable to common shareholders $205 $(1,940) $(3,802) $(5,178) Basic net income (loss) per common share Continuing operations $0.01 $(0.18) $(0.28) $(0.53) Discontinued operations $- $(0.00) $- $(0.02) Net income (loss) $0.01 $(0.18) $(0.28) $(0.55) Diluted net income (loss) per common share Continuing operations $0.01 $(0.18) $(0.28) $(0.53) Discontinued operations $0 $0.00 $- $(0.02) Net income (loss) $0.01 $(0.18) $(0.28) $(0.55) Weighted average common shares outstanding: Basic 15,615 10,626 13,588 9,501 Diluted 29,005 19,788 26,978 18,663
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