Sonic Innovations Announces Results for Fourth Quarter and Full...((50) (211) (131) (199...),Health
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Sonic Innovations Announces Results for Fourth Quarter and Full Year 2007
Date:2/5/2008
(50) (211) (131) (1,996)
Net income (loss) $ 99 $ 443 $ 717 $ (1,580)
Basic income (loss)
per common share:
Continuing operations $ 0.01 $ 0.03 $ 0.03 $ 0.02
Discontinued operations (0.01) (0.01) - (0.09)
Net income (loss) $ - $ 0.02 $ 0.03 $ (0.07)
Diluted income (loss)
per common share:
Continuing operations $ 0.01 $ 0.03 $ 0.03 $ 0.02
Discontinued operations (0.01) (0.01) - (0.09)
Net income (loss) $ - $ 0.02 $ 0.03 $ (0.07)
Basic weighted average
number of common
shares outstanding 26,762 25,610 26,518 23,408
Diluted weighted average
number of common
shares outstanding 27,801 26,097 27,570 23,932
Sonic Innovations, Inc.
Consolidated Balance Sheet Information
(In thousands)
(Unaudited)
December 31, December 31,
2007 2006
Assets:
Cash and marketable securities $ 20,684 $ 26,452
Accounts receivable 21,996 18,932
Inventories 13,843 10,475
Property and equipment 8,267 8,265
Goodwill and intangibles 52,836 36,812
Assets held for sale - 2,584
Other 6,331 4,801
Total assets $123,957 $108,321
Liabilities:
Accounts
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| SOURCE Sonic Innovations, Inc. Copyright©2008 PR Newswire. All rights reserved |
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