Navigation Links
Versus Technology Announces Third Quarter Results
Date:8/28/2008

TRAVERSE CITY, Mich., Aug. 28 /PRNewswire-FirstCall/ -- Versus Technology, Inc. ("Versus" or the "Company") announced revenues of $1,176,000 for its third fiscal quarter ended July 31, 2008, a decrease of 8% compared to revenues of $1,283,000 for the same quarter of the prior year. Revenues for the nine months ended July 31, 2008, were $4,026,000, compared to $3,554,000 for the nine months ended July 31, 2007, a 13% increase. Versus' quarterly revenues can vary significantly depending on the timing and delivery of major customer projects. Accordingly, revenues reported in any one quarter are not necessarily indicative of what full year results will be.

Gross profits as a percentage of revenues were 71% for the current year's third quarter compared to 69% for the same quarter of the prior year. Operating expenses, other than cost of revenues, increased 25% for the current year's third quarter compared to the same quarter of the prior year, due primarily to an increase in research and development and sales and marketing expenses.

Versus reported a net loss of $448,000 for the current year's third quarter compared to a net loss of $134,000 for the same quarter of the prior year. The Company reported a net loss of $825,000 for the nine months ended July 31, 2008, compared to a net loss of $544,000 for the nine months ended July 31, 2007.

For additional information, please refer to the attached unaudited consolidated financial statements.

Versus Technology, Inc. (Pink Sheets: VSTI.PK) ( http://www.versustech.com ) (Versus) is the leader in the development and sale of context-aware systems used for the management of patient flow and medical assets and to improve caregiver/patient communications in medical and long-term care facilities. Versus also supplies Active RFID/IR tags and readers that make locating systems more precise, security systems more intelligent, data collection routin
'/>"/>

SOURCE Versus Technology, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. Versus Technology Announces Fourth Quarter Results
2. Smart Home Cleaning: New Web Site Educates Consumers on Looking Clean Versus Being Clean
3. Occlutech Wins Confirmation of its Intellectual Property Position Versus AGA Medical Patent by AIPPI
4. Versus Technology Announces First Quarter Results
5. Birner Dental Management Services, Inc. Announces 10.0% Adjusted EBITDA Increase for 2007 Versus 2006
6. Versus Technology, Inc. Announces Collaboration with Cleveland Clinic to Create Clinical Patient Flow Model
7. Eat Well, Save Money: BJs Offers Everyday Low Prices on Top Quality Organic Groceries, Natural Foods Versus Supermarket Prices
8. Matrixx Initiatives, Inc. Announces Fiscal 2008 Revenue of $101 Million and Net Income Growth of 59% to $10.4 Million, or $1.04 Earnings Per Share Versus $0.66 in the Prior Year
9. Quantum light beams good for fast technology
10. New Smart Technology Makes Patient Data Collection Easier, More Efficient
11. Align Technology Executive to Present at Upcoming Financial Conferences
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/25/2015)... NV (PRWEB) April 25, 2015 The ... is still eliciting the excitement of the public and ... into the months of May and June. From ... held their biannual tradition of "Special Prayers." More than ... had attended previous Special Prayers and have reported intense ...
(Date:4/25/2015)... April 25, 2015 Sports controversies continue to revolve ... confines, as was the case with the Miami Dolphins and Richie ... seen in the Ray Rice domestic abuse case. In a recent ... News discusses the implications of locker room culture on teams. ... what other teams should do to improve the locker room as ...
(Date:4/24/2015)... (PRWEB) April 24, 2015 Multi Customer ... septic tank pumping ( http://www.zeitersseptics.com/multi-customer-discount.html ) of 1000-1500 gallons ... start the program. This does not include any Dig ... Save $25-$65 per person. If someone is part of ... two tanks totaling approximately 2500 gallons or more, the ...
(Date:4/24/2015)... (PRWEB) April 24, 2015 Lipitor ... forward in the federal multidistrict litigation underway in ... to court documents, the parties involved in the ... 16th detailing, among other things, preparation for the ... counsel for both plaintiffs and defendants have conducted ...
(Date:4/24/2015)... 24, 2015 Carinsurancequotesinfo.com has released a ... explaining how to qualify for auto insurance ... qualify for auto insurance online, without having to follow ... that single parents can reduce their auto insurance expenses. ... and properly explained. , Clients can now visit ...
Breaking Medicine News(10 mins):Health News:Trivedi Master Wellness™ Announces the Resounding Success of their Special Prayers Human Wellness Program 2Health News:Trivedi Master Wellness™ Announces the Resounding Success of their Special Prayers Human Wellness Program 3Health News:David Steele Discusses Locker Room Culture on SCI TV 2Health News:David Steele Discusses Locker Room Culture on SCI TV 3Health News:Zeiter's Septics Inc. Offers Multi Customer Septic Tank Cleaning Program in Cook, Putnam & Will Counties in May 2015 2Health News:Zeiter's Septics Inc. Offers Multi Customer Septic Tank Cleaning Program in Cook, Putnam & Will Counties in May 2015 3Health News:Federal Lipitor Lawsuits Progress, as New Status Report Details Preparation for Upcoming Bellwether Trials 2Health News:Federal Lipitor Lawsuits Progress, as New Status Report Details Preparation for Upcoming Bellwether Trials 3Health News:Auto Insurance Discounts for Single Parents - How to Qualify for Low Rates 2
... ... against or in favor of their ability to get low cost medication, PharmacyChecker.com launched ... groups working against consumer access to Canadian and foreign online pharmacies: The Partnership for ... ...
... ... ... ... ...
... , ... ... ... ...
... some Canadians, any cut such as from dental work or ... are not hemophiliacs, for some an ordinary bruise can balloon ... and ankles are crippled when bleeding seeps into joints. In ... recovery. Now a team led by McMaster University ...
... Researchers at the South West Liver Unit, based at Plymouth ... are working to save more lives and improve the health ... vaccine for the disease. In addition to a grant ... have recently been awarded a grant from Plymouth Hospitals NHS ...
... ... ... As Maryland Gov. Martin O’Malley proposes cutting $123 million from Medicaid for the 2011 budget, ... Dr. Todd Eberly, assistant professor of political science and coordinator of public policy studies at ...
Cached Medicine News:Health News:PharmacyChecker.com Begins Blog About Americans' Access to Affordable Medication 2Health News:PharmacyChecker.com Begins Blog About Americans' Access to Affordable Medication 3Health News:PharmacyChecker.com Begins Blog About Americans' Access to Affordable Medication 4Health News:Dancing With the Spartans Coming Soon 2Health News:Dancing With the Spartans Coming Soon 3Health News:Dancing With the Spartans Coming Soon 4Health News:Dancing With the Spartans Coming Soon 5Health News:Baby Quasar Now Available at Neiman Marcus 2Health News:Baby Quasar Now Available at Neiman Marcus 3Health News:Baby Quasar Now Available at Neiman Marcus 4Health News:Baby Quasar Now Available at Neiman Marcus 5Health News:Genetic cause discovered for rare bleeding disorder 2Health News:Groundbreaking research to find vaccine for hepatitis C 2Health News:Proposed Medicaid Cuts Threatens Health Care Access for 400,000 Maryland Children 2Health News:Proposed Medicaid Cuts Threatens Health Care Access for 400,000 Maryland Children 3
(Date:4/24/2015)... , April 24, 2015  Span-America Medical Systems, ... release its fiscal 2015 second quarter results on Thursday, ... The company will conduct a conference ... 1, to review the company,s financial and operating results ... live broadcast of the conference call will be ...
(Date:4/24/2015)... , Apr. 24, 2015 Research and Markets ... of the "Global Biobanking Market 2015-2019" report ... Global Biobanking market to grow at a CAGR of ... Biobanking market can be divided into two segments: Equipment ... the growth prospects of the Global Biobanking market for ...
(Date:4/24/2015)... , April 24, 2015 ... of automated, indication-specific planning tools for radiosurgery/SBRT   ... software applications aimed at enhancing the workflow for ... spine introduced in 2013 - comes full circle ... planning tools. These new Elements enable on-the-fly generation ...
Breaking Medicine Technology:Global Biobanking Market Report 2015-2019 - Increase in Strategic Collaborations with Beckman Coulter, Tecan & Thermo Fischer Scientific Dominating 2Brainlab Introduces New Generation of VMAT* for Brain and Spine at 3rd ESTRO in Barcelona 2
... Aug. 27 Specialty Surgical Instrumentation, Inc. (SSI) a division ... leading provider of surgical instruments and sterilization products, announced today ... www.specsurg.com . The new Web site ... it easy to find product information and features a streamlined ...
... shares of Common Stock at $15.00 per Share,Increases Ownership Stake to 19.9%." /> Fosun ... ... if (typeof(lpUnit)==,undefined,) var lpUnit=,PRN,; ... var shortURL = ""; BitlyCB.alertResponse = function(data) ...
Cached Medicine Technology:Specialty Surgical Instrumentation Launches New Interactive Web Site 2Specialty Surgical Instrumentation Launches New Interactive Web Site 3Fosun Pharma Acquires $14 Million of Chindex Stock 2Fosun Pharma Acquires $14 Million of Chindex Stock 3Fosun Pharma Acquires $14 Million of Chindex Stock 4Fosun Pharma Acquires $14 Million of Chindex Stock 5Fosun Pharma Acquires $14 Million of Chindex Stock 6Fosun Pharma Acquires $14 Million of Chindex Stock 7Fosun Pharma Acquires $14 Million of Chindex Stock 8Fosun Pharma Acquires $14 Million of Chindex Stock 9
... ULTRAVIST (iopromide) injection is ... agent for intravascular administration. Introduced in ... after becoming available in Europe, ULTRAVIST ... 75 countries. It has established a ...
The Mitek Restore System, designed in conjunction with Sanford S. Kunkel, M.D., offers instrumentation for all ACL Procedures....
The cordless Simon Dermatome with rechargeable battery is used to harvest split-thickness skin grafts and for debridement....
... quality and innovation has resulted in one ... Model C is an air dermatome especially ... in burn care surgery. The Model C ... same dedication to quality, durability and reliability ...
Medicine Products: