Navigation Links
Graymark Healthcare Reports Full Year 2010 Results
Date:3/28/2011

y representing an important recurring revenue aspect of the company's business. Resupply volume increased 105% from 1,084 packages shipped in the first quarter of 2010 to 2,220 shipped in the fourth quarter of 2010.

Operating expenses were $31.9 million in 2010, including non-cash charges related to goodwill and intangible asset impairment, and the impairment of property and equipment of $10.8 million and $762,000, respectively. As a result of lower than expected operating results at the company's sleep centers in Oklahoma, Nevada and Texas, and forecasted cash flows in those markets, the company reassessed the carrying value of its goodwill as of December 31, 2010. The company also reassessed the value of property and equipment at certain sleep diagnostic facilities that were no longer compatible with current systems. The goodwill and property and equipment impairment charges are non-cash adjustments, which have no affect on cash flows or liquidity. Operating expenses were $18.4 million in 2009.

Net loss attributable to Graymark Healthcare was $19.1 million or $(0.66) per share in 2010, compared to a net loss of $5.2 million or $(0.18) per share in 2009.

Net loss attributable to Graymark Healthcare for the full year 2010 included non-cash charges for goodwill and intangible asset impairment of $10.8 million, impairment of property and equipment of $762,000, impairment of equity investment of $200,000, and stock-based compensation expense of $390,000. Net loss attributable to Graymark Healthcare for the full year 2009 included stock-based compensation expense of $682,000. There were no charges for goodwill and intangible asset impairment, the impairment of property and equipment, or the impairment of equity investment in 2009.

Adjusted EBITDA from continuing operations in 2010 was a loss of $3.0 million as compared to a loss of $4.6 million in 2009 (see "Reconciliation of Non-GAAP Financial Measures" below for the definition and an impor
'/>"/>

SOURCE Graymark Healthcare Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine technology :

1. Graymark Healthcares Sleep Apnea Therapy Program Services Record Number of Patients in Q4 2010
2. Graymark Healthcare to Focus on Treatment of Sleep Disorders with Completed Sale of Independent Pharmacy Business Assets to Walgreens
3. Graymark Healthcare Reports Q3 Financial Results
4. Graymark Healthcare Agrees to Sell Pharmacy Division to Walgreens Creating Pure Play Sleep Apnea Company
5. Graymark Healthcare, Inc. to Host Conference Call to Discuss Q2 Financial Results
6. Graymark Healthcare Sells Record Number of CPAP Devices in Q2 2010
7. Sinovac Participates in UBS Greater China Healthcare Corporate Day
8. $2 Million Awarded to Duke University Prevention Epicenter to Study Reduction of Healthcare-Associated Infections Using Tru-D, Total Room Ultraviolet Disinfection
9. St. Davids HealthCare Takes Robotic-Assisted Surgery to the Next Level With the Texas Institute for Robotic Surgery at St. Davids North Austin Medical Center
10. Leading Hospitals Committed to Healthcares Adoption of GS1 Standards Use Omnicell Solutions for Supply Chain Management
11. ConvaTec Healthcare Postpones Plans To Refinance Secured Term Loans
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/1/2014)... SAN DIEGO , Oct. 1, 2014  ResMed (NYSE: ... people sleep and the first company to design complete sleep ... to educate women about the importance of a good night,s ... initiative will challenge the myth that feeling tired is just ... to understand that sleep is a critical pillar of health, ...
(Date:10/1/2014)... and NEW YORK , October 1, ... Research Organization (CRO) and service provider for the medical industries, announced ... of offices in New York City . genae ... City is strategically centered in one of the highest ... Coast", said Philippe Kassab , President at genae Americas. "The ...
(Date:10/1/2014)... 1, 2014 NeuroCall, Inc., ("NeuroCall") announced today ... Telestroke and Teleneurology services. Dr. Ricardo Garcia-Rivera , ... are extremely proud that our quality of service has ... to provide lifesaving support and continuity of care to ... the United States ." ...
Breaking Medicine Technology:ResMed Launches Initiative to Help Women Get Better Sleep 2ResMed Launches Initiative to Help Women Get Better Sleep 3genae Opens Offices in New York City 2NeuroCall Awarded Joint Commission Accreditation 2
... Despite difficult economic conditions, Allied Healthcare Products (Nasdaq: ... in the first quarter of fiscal year 2011. Sales increased ... for the first quarter of fiscal 2010. An ... carbon dioxide absorbent products used in anesthesia procedures narrowly tipped ...
... Systems Ltd. (Nasdaq: DHRM ) ("Dehaier" or ... marketing and sale of medical devices and homecare medical ... a $2 million medical device distribution bid for a ... Bank Corp ("CDB"). CDB is a ...
Cached Medicine Technology:Allied Healthcare Products Reports Narrow Loss for Quarter But Improves Year-Over-Year Performance 2Allied Healthcare Products Reports Narrow Loss for Quarter But Improves Year-Over-Year Performance 3Allied Healthcare Products Reports Narrow Loss for Quarter But Improves Year-Over-Year Performance 4Dehaier Medical Wins $2 Million Distribution Bid for Rural Healthcare Construction Project 2Dehaier Medical Wins $2 Million Distribution Bid for Rural Healthcare Construction Project 3
(Date:10/1/2014)... Familylifeinsurancequotes.org has released a new blog ... citizens. , Senior citizens can qualify for affordable ... to seniors who are over 50 years old. Some ... a medical examination. , Term life insurance with a ... can qualify. Having life insurance during retirement is important ...
(Date:10/1/2014)... Marriagelifeinsurance.com has released a new blog post ... , Senior citizens can purchase a joint life ... ones. A joint policy is cheaper, but will only ... , Life insurance can be used to cover important ... purchased online, as the application process is simple and ...
(Date:10/1/2014)... Insuranceragents.info has released a new blog post explaining ... vulnerable family members. , Life insurance plans provide important ... family should always carry a life insurance policy as ... of the family. , Clients can choose from ... temporary coverage or from a permanent policy. No medical ...
(Date:10/1/2014)... (PRWEB) October 01, 2014 Bedros Keuilian ... Body Boot Camp fitness boot camps, he’s also considered ... training , with sold out business summits, a line ... marketing consultant to a recent Spike TV reality show ... that now is the time for personal trainers and ...
(Date:10/1/2014)... Lifeinsurance-policy.com has released a new blog ... prices for smokers. , Smoking will always have a ... is the best method to find affordable coverage. Insurance ... need coverage. , Whole life insurance premiums will ... Since the coverage is permanent, the initial rates ...
Breaking Medicine News(10 mins):Health News:Affordable Term Life Insurance - Senior Citizens Can Qualify for Coverage! 2Health News:Elderly Life Insurance - Find Life Insurance for Retired Couples! 2Health News:Life Insurance for Families - Clients Can Compare Affordable Rates Online! 2Health News:Bedros Keuilian Shares Tips on Selling Personal Training for the Holidays 2Health News:Bedros Keuilian Shares Tips on Selling Personal Training for the Holidays 3Health News:Affordable Whole Life Insurance Premiums for Smokers! 2
... 19 GlaxoSmithKline (NYSE: GSK ),today reported ... million, equivalent to almost 4% of pre-tax profits ... 1%). Donations of albendazole treatments,for the company,s flagship ... were valued at $29 million, bringing the,total number ...
... in heparin samples , , WEDNESDAY, March 19 (HealthDay News) ... found in the blood-thinner heparin, which has been linked ... in the United States. , The contaminant is a ... and Drug Administration officials could not say Wednesday how ...
... before ... Patients, ST. LOUIS ... side, International Union of Operating,Engineers Local 49 leaders today at a news ... medical coverage to,several thousand Minnesota seniors., "This is a death sentence ...
... drug-resistant bacteria, CDC study finds , , WEDNESDAY, March 19 ... aureas bacterium and caught outside of the hospital ... than previously believed, preliminary research suggests. , "Over the ... a severe CAP [community-acquired pneumonia] caused by S. ...
... at the University of Pennsylvania School of Medicine have ... the molecular pathways underlying sleep apnea, which affects more ... of Health. Sleep apnea is a condition characterized by ... occur dozens or even hundreds of times a night. ...
... (PRI),and Medicos, Inc. are pleased to announce that over ... mobile version of,the MPR drug databases. For over 23 ... print editions of MPR for up-to-date, concise drug,information at ... drug,information on computers and mobile devices in all 50 ...
Cached Medicine News:Health News:GSK Charitable Support Valued at $564 Million in 2007 2Health News:GSK Charitable Support Valued at $564 Million in 2007 3Health News:FDA Identifies Contaminant in Blood-Thinning Drug 2Health News:FDA Identifies Contaminant in Blood-Thinning Drug 3Health News:Park Nicollet to Cut Off Care to Thousands of Minnesota Seniors 2Health News:Community-Based Staph Pneumonia More Common Than Thought 2Health News:Molecular biology of sleep apnea could lead to new treatments 2Health News:eMPR Digital Drug Reference Reaches 50,000 Downloads and the Publisher Launches a Raffle for Healthcare Providers 2Health News:eMPR Digital Drug Reference Reaches 50,000 Downloads and the Publisher Launches a Raffle for Healthcare Providers 3
... IntraLase FS laser introduces new high precision ... now have the opportunity to offer their ... a microkeratome for creating the corneal flap. ... laser and proprietary IntraLASIK software, surgeons may ...
... Teco Diagnostics manufactures fine urine chemistry ... urine chemistry reagent strips from start ... offer more economical prices compared to ... quality. Teco Diagnostics urine reagent strips ...
... with diabetes continue to have a tremendous ... life of patients, in addition to the ... to be associated with elevated levels of ... of haemoglobin A1c (HbA1c) in a diabetic ...
The Lifestream Plus Cholesterol Monitor provides you with a comprehensive tool to help you monitor your cholesterol as part of your wellness program....
Medicine Products: