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MGC Diagnostics Corporation Reports 2013 Third Quarter Operating Results
Date:8/29/2013

g-term deferred income and other2,266895Total Liabilities8,7107,198Commitments and ContingenciesShareholders' Equity:Common stock, $0.10 par value, authorized 25,000,000 shares, 4,111,794 and 3,986,350 shares issued and 4,037,300 and 3,885,279 shares outstanding in 2013 and 2012, respectively 

403 

388Undesignated shares, authorized 5,000,000 shares, no shares issued and outstanding——Additional paid-in capital21,88521,046Accumulated deficit(8,019)(6,684)Total Shareholders' Equity14,26914,750Total Liabilities and Shareholders' Equity$

22,979$

21,948 

 MGC DIAGNOSTICS CORPORATION AND SUBSIDIARYConsolidated Statements of Comprehensive Income (Loss)(Unaudited in thousands, except per share data)Three Months endedNine Months endedJuly 31,July 31,2013201220132012RevenuesEquipment, supplies and accessories revenues

$

6,611$

5,876$

18,777$

15,738Service revenues1,3171,0193,7223,1887,9286,89522,49918,926Cost of revenuesCost of equipment, supplies and accessories revenues3,1542,8358,9857,564Cost of service revenues3843541,0921,0863,5383,18910,0778,650Gross margin4,3903,70612,42210,276Operating expenses:Selling and marketing2,1522,1326,3725,558General and administrative9739133,6052,988Research and development5918251,8782,455Amortization of intangibles5112163293,7213,98211,87111,330Operating income (loss)669(276)551(1,054)Interest income—317Income (loss) from continuing operations before taxes669(273)552(1,047)Provision for taxes1773121Income (loss) from continuing operations652(280)521(1,068)Income from discontinued operations—147—277Net income (loss)652(133)521(791)Other comprehensive loss; net of taxUnrealized loss on securities———(2)Comprehensive income (loss)$

652$

(133)$

521$

(793)Income (loss) per share:Basic  From continuing operations

$

0.16$

(0.07)$'/>"/>

SOURCE MGC Diagnostics Corporation
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