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MGC Diagnostics Corporation Reports 2013 First Fiscal Quarter Operating Results
Date:3/5/2013

ities7,3867,198Commitments and ContingenciesShareholders' Equity:Common stock, $0.10 par value, authorized 25,000,000 shares, 4,000,678 and 3,986,350 shares issued and 3,901,607 and 3,885,279 shares outstanding in 2013 and 2012, respectively390388Undesignated shares, authorized 5,000,000 shares, no shares issued and outstanding--Additional paid-in capital21,18521,046Accumulated deficit(7,067)(6,684)Total Shareholders' Equity14,50814,750Total Liabilities and Shareholders' Equity$
21,894$
21,948 MGC DIAGNOSTICS CORPORATION AND SUBSIDIARYConsolidated Statements of Comprehensive Loss(Unaudited in thousands, except per share amounts)Three Months Ended
January 31,20132012RevenuesEquipment, supplies and accessories revenues$
5,806$
5,372Service revenues1,2021,0567,0086,428Cost of revenuesCost of equipment, supplies and accessories revenues2,8352,525Cost of service revenues3513343,1862,859Gross margin3,8223,569Operating expenses:Selling and marketing2,1261,775General and administrative1,4181,145Research and development647810Amortization of intangibles71084,1983,838Operating loss(376)(269)Interest income-4Loss from continuing operations before taxes(376)(265)Provision for taxes77Loss from continuing operations(383)(272)Discontinued operationsIncome from operations of discontinued operations-23Net loss(383)(249)Other comprehensive loss; net of taxUnrealized loss on securities-(1)Comprehensive loss$
(383)$
(250)Loss per shareBasicFrom continuing operations$
(0.10)$
(0.07)From discontinued operations0.000.00Total$
(0.10)$
(0.07)DilutedFrom continuing operations$
(0.10)$
(0.07)From discontinued operations0.000.00Total$
(0.10)$
(0.07)Weighted average common shares outstandingBasic3,8913,780Diluted3,8913,780 MGC DIAGNOSTICS CORPORATION AND SUBSIDIARYConsolidated Statements of C
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SOURCE MGC Diagnostics Corporation
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