Westaim announces 2008 third quart...(hareholder value. Westaim disclaims anyi...),Health

Date:11/12/2008

hareholder value. Westaim disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise. Accordingly, readers are advised not to place undue reliance on forward-looking statements, and should not rely on this information at any date other than the date of this news release. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.

THE WESTAIM CORPORATION

Financial Highlights

(unaudited)

(thousands of dollars except per share data)

-------------------------------------------------------------------------

Three Months Ended Nine Months Ended

September 30 September 30

Consolidated Statements ------------------- -------------------

of Operations 2008 2007 2008 2007

-------------------------------------------------------------------------

Revenue $ 5,466 $ 7,839 $ 15,428 $ 20,656

Loss from continuing operations (1,851) (8,773) (511) (3,996)

Net loss (3,122) (17,138) (12,981) (31,226)

Net loss per common share

- basic and diluted

Continuing operations (0.02) (0.09) (0.01) (0.04)

Net loss (0.03) (0.18) (0.14) (0.33)

Weighted average number of common

shares outstanding (thousands) 94,215 94,098 94,205 94,047

-------------------------------------------------------------------------

Three Months Ended Nine Months Ended

September 30 September 30

------------------- -------------------

Segmented Informat
'/>"/>

SOURCE Westaim Corporation Copyright©2008 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4
Related medicine news :

1. Webcast Advisory - The Westaim Corporation Webcast of Conference Call to Discuss 2008 Third Quarter Results
2. Westaim terminates reorganization agreement and cancels shareholders meeting
3. Westaim to deregister its common stock in the United States
4. Westaim announces sale of iFire Technology Ltd. assets
5. Westaim announces 2008 second quarter results
6. Webcast Advisory - The Westaim Corporation Webcast of Conference Call to Discuss 2008 Second Quarter Results
7. Westaim announces 2008 first quarter results
8. Webcast Advisory - The Westaim Corporation Webcast of Annual Meeting of Shareholders
9. Westaim announces 2007 year-end results
10. Webcast Advisory - The Westaim Corporation Webcast of Conference Call to Discuss 2007 Fourth Quarter Results
11. Westaim reduces ABCP exposure