Navigation Links
Precision Optics Corporation Announces Fourth Quarter and Year End Results With Highest Revenues in Six Years
Date:10/1/2007

GARDNER, Mass., Oct. 1 /PRNewswire-FirstCall/ -- Precision Optics Corporation, Inc. (OTC Bulletin Board: POCI), ("Precision Optics") today announced operating results for the fourth quarter and fiscal year ended June 30, 2007.

Fourth Quarter Operating Results

Revenues -- For the quarter ended June 30, 2007, revenues were $1,111,833 compared to $573,105 for the same period last year, an increase of 94%. This represents the highest quarterly revenue in six years. The revenue increase from the prior year was due principally to shipment of an advanced surgical visualization system for a significant new customer.

Net Loss -- For the quarter ended June 30, 2007, net loss was $594,556, or $0.02 per share, compared to $594,035, or $0.04 per share, for the same period last year. The weighted average common shares outstanding for the quarters ended June 30, 2007 and June 30, 2006 were 25,458,212 and 14,049,879, respectively.

Fiscal Year 2007 Operating Results

Revenues -- For the year ended June 30, 2007, revenues were $2,477,469 compared to $2,149,564 for the same period last year, an increase of 15.3%. This represents the highest annual revenue in six years. The revenue increase was due principally to shipment of an advanced surgical visualization system for a significant new customer, along with the introduction of a number of new products.

Net Loss -- For the year ended June 30, 2007 net loss was $2,889,829, or $0.15 per share, an increase of $617,356 compared to the net loss of $2,272,473, or $0.26 per share, for the year ended June 30, 2006. The increase is primarily a result of start-up efforts, associated with the initial production of an advanced surgical visualization system, a non-cash charge of $190,926 related to stock-based compensation expense following the adoption of Statement of Financial Accounting Standards No. 123 revised (SFAS No. 123(R)) on July 1, 2006, along with increased R&D expenses, sales and marketing act
'/>"/>

SOURCE Precision Optics Corporation, Inc.
Copyright©2007 PR Newswire.
All rights reserved

1

GOOD

Page: 1 2 3 4 5 6 7 8

Related medicine news :

1. PET-CT Scores High On Precision for Diagnosing Ovarian Cancer Recurrence
2. Chiron Corporation Gets US Contract To Produce Bird Flu Vaccines
3. PM announces a new health care order for India
4. Ramdoss Announces Introduction of RCH-II
5. Britain Announces Third Transfusion Related Mad Cow Case
6. Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine
7. Tibet Announces the Dalai Lama’s Tour of South Americ
8. NHS announces further Cost cutting Measures
9. Indian PM Announces Of Setting Up India Study Center At Tashkent
10. PowderMed Announces Needle-Less Flu Vaccine
11. Malaysia Announces Prison term On People Donating HIV-Contaminated Blood
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/20/2013)... 2013) - A new "telerehabilitation" approach lets physical therapists ... Internet, with good accuracy compared with face-to-face examinations, reports ... Spine . The journal is published ... of Wolters Kluwer Health . , Taking advantage ... a more feasible alternative to in-person clinic visits, according ...
(Date:5/20/2013)... May 20, 2013 Medicare Part D ... satisfied, citing lower costs, convenient access to pharmacies and ... Research Associates released today by the Pharmaceutical Care Management ... (9.5 million) are currently enrolled in plans with preferred ... and overall value of plans with preferred pharmacy networks,” ...
(Date:5/20/2013)... 2013 Cliff Lake Dental Care is pleased to ... schedules when visiting the dentist office . The change was ... schedule. , Here are the new office hours: Mondays- 8 a.m. ... 8 a.m. to 1 p.m. and 2-5 p.m., Thursdays 7 a.m. ... will be open to take appointments only. Cliff Lake Dental wants ...
(Date:5/20/2013)... 20, 2013 A pioneer and ... solutions, i2i Systems announced today that ... Foundation (SCF) selected i2iTracks as their population management ... meet their Meaningful Use (MU), Government Performance and ... requirements – a welcomed solution to managing the ...
(Date:5/20/2013)... May 20, 2013 Selexis SA, a ... identification and cell line development for scale-up and manufacturing ... co-founder will present data on the Company’s core technology ... Engineering Conference, May 20 - 23 at the Hyatt ... Selexis’ co-founder and scientific advisory board member, Nicolas Mermod, ...
Breaking Medicine News(10 mins):Health News:Telerehabilitation allows accurate assessment of patients with low back pain 2Health News:Telerehabilitation allows accurate assessment of patients with low back pain 3Health News:Survey: 85% of Part D Seniors in Preferred Pharmacy Plans are Satisfied With Costs, Pharmacy Choices 2Health News:Cliff Lake Dental Care Announces Office Hours Change 2Health News:Baldrige Award Winner Southcentral Foundation Selects i2iTracks Population Health Intelligence Solution to Support Meaningful Use, GPRA and UDS Reporting Requirements 2Health News:Baldrige Award Winner Southcentral Foundation Selects i2iTracks Population Health Intelligence Solution to Support Meaningful Use, GPRA and UDS Reporting Requirements 3Health News:Selexis SA to Present Technology Platform Data at Cell Line Development & Engineering 2Health News:Selexis SA to Present Technology Platform Data at Cell Line Development & Engineering 3
... new but today there is a growing industry catering to ... National Guard Sgt. Darrell "J.R." Salzman has learned to tie ... shiny metal hook that serves as his right called Utah ... myoelectric Utah Arm, made by Motion Control Inc., of Salt ...
... number of doctors in Portugal were refusing to carry out ... the 10th week of pregnancy . ,The law ... at least nine public hospitals out of a total of ... approved the law in March after a February referendum found ...
... Asbestos Saskatchewan committee, the Canadian Cancer Society's call for a ... is welcomed news and reflects a changing environment. ,"Obviously ... Canada of public interests and social justice organizations to put ... political agenda, Sass was quoted.,"Up to now it has not ...
... will build a 60-acre health and education complex in Islamabad ... people of the capital and the twin city of Rawalpindi ... residential development plan to develop a Health and Education City ... colleges of medicine, nursing, and dentistry. ,Harvard ...
... A new study has found that divorce, not shared genetic ... to the higher rates of break-ups experienced by the offspring ... study to look at genetics as a reason in the ... found that the parents' divorce itself, played a key role ...
... of children ages 5 to 7,C-reactive protein, a marker ... disease, may also indicate cognitive impairment in children ... OSA have increased levels of hsCRP [high-sensitivty C-reactive protein] ... David Gozal, M.D., of the University of Louisville in ...
Cached Medicine News:Health News:War Stimulates Research Blitz in Prosthetics Industry 2Health News:Move To Ban Asbestos Welcomed 2Health News:Genetics is Not the Reason for Family Break-ups 2Health News:C -reactive Protein is the Marker for Cardiovascular Disease 2
(Date:5/20/2013)... ALEXANDRIA, Va. , May 20, 2013   ... B. Douglas Hoey , RPh, MBA issued the ... Hart Research Associates regarding Medicare Part D "preferred ... pharmacies from offering patients the plan,s lowest advertised co-payments: ... "Officials with Medicare and MedPAC , ...
(Date:5/20/2013)... MAPLE GROVE, Minn. , May 20, 2013 ... committed to the development of new treatments for ... the launch of its newly designed website, ... through images and narratives.  As part of the ... – our new branding campaign centers around people ...
(Date:5/20/2013)... 20, 2013 /PRNewswire-iReach/ -- Today at American Society ... Christine Ginocchio discussed Specific Technologies blood ... identification of microorganisms producing bloodstream infection. Dr. Ginocchio ... the Division of Infectious Disease Diagnostics at North ... non-sectarian health system. (Photo: http://photos.prnewswire.com/prnh/20130520/CG16829 ...
Breaking Medicine Technology:Poll: Over One Million Seniors Have Problems with Medicare 'Preferred Pharmacy' Drug Plans 2Poll: Over One Million Seniors Have Problems with Medicare 'Preferred Pharmacy' Drug Plans 3Poll: Over One Million Seniors Have Problems with Medicare 'Preferred Pharmacy' Drug Plans 4Upsher-Smith Introduces Newly Redesigned Corporate Website 2Specific Technologies Bloodstream Infection Identification Solutions Discussed at the American Society for Microbiology Conference by Award Lecturer Christine Ginocchio 2Specific Technologies Bloodstream Infection Identification Solutions Discussed at the American Society for Microbiology Conference by Award Lecturer Christine Ginocchio 3
... -- Global Information, Inc. (GII) is pleased to announce ... Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017" by ... The Insulin Delivery Devices Market is Set to Grow ... 2017 GlobalData estimated the global insulin ...
... N.C., Jan. 13, 2012  Facing patent cliffs and shrinking ... either through in-licensing deals or M&A activities - as ... sound strategy, but a difficult one to effectively put ... a business is fraught with potential pitfalls. With 2012 ...
Cached Medicine Technology:Insulin Delivery Devices - Increasing Prevalence of Diabetes to Drive the Market 2Insulin Delivery Devices - Increasing Prevalence of Diabetes to Drive the Market 3Insulin Delivery Devices - Increasing Prevalence of Diabetes to Drive the Market 4Excellence Services Program Delivers a Road Map to Successfully Guide the Pharmaceutical Industry Through the New Alliance Landscape 2
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: