Navigation Links
MGC Diagnostics Corporation Reports Third Quarter Fiscal Year 2012 Operating Results
Date:8/30/2012

SAINT PAUL, Minn., Aug. 30, 2012 /PRNewswire/ -- MGC Diagnostics Corporation (NASDAQ: MGCD) (formerly Angeion Corporation (NASDAQ: ANGN)), a global medical technology company, today reported financial results for the third quarter of fiscal year 2012, ended July 31, 2012.

(Logo: http://photos.prnewswire.com/prnh/20120821/LA60189LOGO) Third Quarter Highlights and Recent Developments:

  • Total revenues increased 8% to $6.9 million from $6.4 million in Q3 2011;
  • International sales increased 14% to $1.3 million versus Q3 2011;
  • Equipment sales increased 13% to $4.1 million versus Q3 2011;
  • Order backlog at end of Q3 2012 was approximately $600,000 higher compared to Q3 2011;
  • Recurring revenue in the third quarter of $2.7 million accounted for 39% of total revenues in the quarter;
  • Maintenance and service contract billings increased 22%;
  • Strong balance sheet with $8.7 million in cash and investments, $12.7 million of working capital and no long-term debt;
  • Rated #1 by MD Buyline User Satisfaction Survey in all categories, July 1, 2012;
  • As announced earlier today, the Company sold the assets of its New Leaf business to Life Time Fitness (NYSE: LTM), effective August 28, 2012. Life Time Fitness paid the Company $1.0 million at closing, and will pay an additional $235,000 over the next 18 months.
  • For the third quarter of fiscal year 2012, total revenues increased 8% to $6.9 million compared to $6.4 million in the third quarter of fiscal 2011. Domestic sales for the third quarter totaled $5.6 million, compared to $5.3 million in the previous year's third quarter and international sales were $1.3 million, versus $1.1 million in last year's comparab
    '/>"/>

    SOURCE MGC Diagnostics Corporation
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9

    Related medicine technology :

    1. QBC Diagnostics Awarded GSA Contract
    2. Quest Diagnostics Establishes Unique Healthcare Identifier to Improve Access to Vital Patient Health Information; 80 Million Patient IDs Created to Date
    3. Heightened Awareness, Coupled with Expanding Patient Pool, Stimulates Sleep Apnea Diagnostics and Sleep Services Market, Says Frost & Sullivan
    4. Ariosa Diagnostics to Present and Exhibit at the 16th International Conference on Prenatal Diagnosis and Therapy
    5. ZINO Society Targets Medical Devices, Healthcare IT and Diagnostics
    6. Quest Diagnostics To Speak At The Wells Fargo Securities 2012 Healthcare Conference
    7. Breakthrough Prostate Cancer Diagnostics
    8. NicOx Signs Worldwide Licensing Agreement With Rapid Pathogen Screening, Inc. For Ophthalmic Diagnostics
    9. Frost & Sullivan: Expanding Sample Prep Market Supports Growth Trends in Molecular Diagnostics Markets
    10. QIAGEN Unveils Initiative to Create Next-Generation Sequencing Portfolio for use in Clinical Research and Molecular Diagnostics
    11. Quest Diagnostics to Release Second Quarter 2012 Financial Results on July 19
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:10/22/2014)... , Oct. 22, 2014  Cephasonics, a technology-innovation ... introduction of the cQUB™-1 (cQuest Ultrasound Box™-1), the first ... systems designed and manufactured by Cephasonics for purchase by ... model number. Cephasonics will be showcasing the cQUB-1 for ... this week in Chongqing, China ...
    (Date:10/22/2014)... -- Antigen Discovery Inc. (ADi), a privately held company ... receipt of a National Institutes of Health (NIH) Phase ... of Dental and Craniofacial Research (NIDCR). The one-year $225,000 ... Microarray Chip, which will contain every protein in all ... the development of safe and effective vaccines and therapies ...
    (Date:10/22/2014)... Oct. 22, 2014  Paper Pak Industries, a ... APLS ® Body Guard Bio, a disposable, ... of bacteria and virus while protecting service providers ... Bio features a rugged, external nylon shell, watertight ... a leak-proof inner chamber that contains contaminated and ...
    Breaking Medicine Technology:Cephasonics Launches the cQUB-1, First Product in New Family of cQUB White-Label Ultrasound Systems Targeted at Medical Applications 2Cephasonics Launches the cQUB-1, First Product in New Family of cQUB White-Label Ultrasound Systems Targeted at Medical Applications 3Biomarker Discovery Company, Antigen Discovery Inc., Awarded an NIH Phase I Small Business Innovation Research Grant to Develop a Pan-HIV Protein Microarray Chip 2New, State-Of-The-Art Body Bag Minimizes The Spread Of Bacteria And Virus 2
    ... of three U.S. adults plan to skip their flu shot ... Against that backdrop, two top clinical leaders in long-term acute ... influenza season can be a deadly time for those suffering ... (Chronic Obstructive Pulmonary Disease). Such patients need to take extra ...
    ... Oct. 26, 2011 The Preserve ... a call to action to protect hard-working Americans from ... by stopping the planned merger between Express Scripts Inc. ... (PBM) companies. The call to action, posted on the ...
    Cached Medicine Technology:Poll: One Out of Three U.S. Adults Not Planning to Get Flu Shot This Year 2Nationwide Coalition Issues 'Call To Action' To Stop Express Scripts/Medco Merger 2
    (Date:10/22/2014)... 2014 (HealthDay News) -- Measures taken by Firestone officials ... Liberia may have limited the spread of the disease ... The Firestone Natural Rubber Co. provides health services to ... nearby densely populated communities. Between Aug. 1 and ... cases among those 80,000 people. That incidence rate of ...
    (Date:10/22/2014)... By Dennis Thompson HealthDay ... freelance cameraman who was diagnosed with Ebola while working for ... system and can leave the special isolation unit at Nebraska Medical ... two weeks, the hospital said Tuesday. A blood test confirmed ... Ashoka Mukpo, 33, can head home to Providence, R.I., NBC ...
    (Date:10/20/2014)... 20, 2014 With a mere 19 ... Crist made a brief fundraising stop at the ... , Fresh from a debate last night with his ... stage for the first seven minutes because Crist had ... described the incident in one word: "weird." , Before ...
    (Date:10/20/2014)... The Advocator Group, LLC is ... Foundation for Suicide Prevention’s (AFSP) Out of the Darkness ... organization that hosts hundreds of community walks throughout the ... used to help understand and prevent suicide through not ... well. , The Advocator Group shares this passion ...
    (Date:10/20/2014)... 20, 2014 Women’s health specialist, Dr. ... & Gynecology of Columbus, Inc., A Division of MaternOhio ... to more than 100,000 patients annually. Dr. Murphy will ... and stages of a women’s life. She is accepting ... in Westerville and Dublin. , Dr. Murphy offers a ...
    Breaking Medicine News(10 mins):Health News:Tire Company Sets Standard for Ebola Care in Liberia: CDC 2Health News:U.S. Cameraman Treated for Ebola 'Free' of the Virus 2Health News:U.S. Cameraman Treated for Ebola 'Free' of the Virus 3Health News:At Crist Fundraiser, Dan Newlin Says, "No More Robert Germans," Will Seek Changes to Florida Missing Persons Law 2Health News:At Crist Fundraiser, Dan Newlin Says, "No More Robert Germans," Will Seek Changes to Florida Missing Persons Law 3Health News:The Advocator Group, LLC is Proud to Participate in an Out of the Darkness Community Walk, October 25th, to Increase Suicide Awareness 2Health News:The Advocator Group, LLC is Proud to Participate in an Out of the Darkness Community Walk, October 25th, to Increase Suicide Awareness 3Health News:OhioHealth Welcomes New Women’s Health Specialist to MaternOhio Specialists in Obstetrics & Gynecology of Columbus, Inc. 2Health News:OhioHealth Welcomes New Women’s Health Specialist to MaternOhio Specialists in Obstetrics & Gynecology of Columbus, Inc. 3
    ... examines a cluster of 15 murders and attempted homicides ... Colorado,Ft. Carson Killings: The New Casualties of War, ... ETDALLAS, May 28 HDNet World Report , ... about a string of 15 murders and attempted homicides ...
    ... WASHINGTON, May 28 A new statewide poll ... Congress passing a bill to give the U.S. Food and ... The U.S. Senate is expected to debate this issue next ... role in determining whether Congress will finally pass this life-saving ...
    ... BOSTON, Mass. (May 28, 2009) Corrupt lifestyles and vices go ... miscreant needs customary societal amenities to get by. It,s the same ... of genetic mutations to wreak havoc, they must sustain their activity, ... a new study in the May 29 issue of Cell ...
    ... and AIDS in Catalonia (CEEISCAT) started a pioneering study ... of sexually-transmitted diseases (STDs) among female sex workers (SWs). ... with both HIV and other diseases over time, as ... "The phenomenon of prostitution has changed over recent years ...
    ... in ensuring safe patient use of opioid medications lies ... and dispensing medications may fail to protect patients from ... be accomplished by conducting a failure mode and effects ... systems for preventing medication errors, told a public meeting ...
    ... poll of registered voters finds that 62 percent of voters ... and Drug Administration (FDA) the authority to regulate tobacco products. ... next week, and Senators Cochran and Wicker will play a ... life-saving legislation.(Logo: http://www.newscom.com/cgi-bin/prnh/20080918/CFTFKLOGO ) , ...
    Cached Medicine News:Health News:HDNet World Report Investigates an Alarming String of Murders Committed by Iraq War Veterans 2Health News:HDNet World Report Investigates an Alarming String of Murders Committed by Iraq War Veterans 3Health News:HDNet World Report Investigates an Alarming String of Murders Committed by Iraq War Veterans 4Health News:New Virginia Poll: 71 Percent of Voters Strongly Support FDA Regulation of Tobacco Products 2Health News:New Virginia Poll: 71 Percent of Voters Strongly Support FDA Regulation of Tobacco Products 3Health News:Cancer cells need normal, nonmutated genes to survive 2Health News:Spanish prostitutes least likely to use condoms 2Health News:Process for Planning Safe Pain Treatment Outlined in Presentation at FDA Meeting 2Health News:New Mississippi Poll: Voters Strongly Support FDA Regulation of Tobacco Products 2Health News:New Mississippi Poll: Voters Strongly Support FDA Regulation of Tobacco Products 3
    ... order products are offered as 1-piece or ... The modular instruments may be customized with ... as ratchets, insulation and flush ports. Many ... Customer specifications may affect delivery times. ...
    ... Many special order products are offered as ... long lengths. The modular instruments may be ... options such as ratchets, insulation and flush ... Mediflex stock. Customer specifications may affect delivery ...
    ... Many special order products are offered as ... long lengths. The modular instruments may be ... options such as ratchets, insulation and flush ... Mediflex stock. Customer specifications may affect delivery ...
    ... are offered as 1-piece or modular, in ... instruments may be customized with handles of ... insulation and flush ports. Many standard patterns ... may affect delivery times. , Please ...
    Medicine Products: